NEW! 2-Hour Program
WHY ATTEND THIS COURSE?
Compliance auditing is a significant risk area for firms. In recent reviews by the AICPA task force and agency and pass-through entity reviewers, approximately 50% of audits are nonconforming. This course will identify the current “hot spots,” areas where auditors need to be even more careful with their level of documentation. Now is the time to ensure you are current on all the new developments and are performing all the steps necessary to comply with professional standards.
Practitioners in public accounting that perform audits under the Uniform Guidance. Other practitioners who may be working with federal awards who are interested in the requirements of the Uniform Guidance may also find this course helpful.
This 2-hour module contains a compliance auditing update. It can be combined with other modules to create a customized 8-hour program.
Participants will be able to:
COURSE ACRONYM: UGC2
PRESENTATION METHOD: Group-live
LEVEL OF KNOWLEDGE: Basic
ADVANCE PREPARATION: None
FIELD OF STUDY: Auditing (Governmental)
RECOMMENDED CPE CREDIT: 2 hours
Qualifies for the 24-hour Yellow Book requirement. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor specific basis depending on that auditor’s Yellow Book clients. Note that the determination of course qualification is a matter of an auditor’s professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.
NOTE: Some components of the program are available as an 8-hour, 4-hour and 2-hour program:
• Nonprofit Industry Update and GAAP Refresher (NIU)
• Nonprofit GAAP Refresher (NGR4)
• Uniform Guidance Compliance Update (UGC2)
• Not-for-Profit Update (NFPU2)
SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.