Numerous organizations have received federal funding in response to the COVID-19 pandemic, infrastructure legislation, or from other federal funding sources. In many cases, these organizations must have a single audit for the first time.
If you are an auditor who has been engaged to perform a single audit, use this AICPA Governmental Audit Quality Center (GAQC) checklist to help you prepare for an effective and high-quality audit. The checklist goes over the important items to keep in mind as you