Major Program Determination under Uniform Guidance
Author: Diane Edelstein
| CPE Credit: |
2 hours for CPAs |
Led by Diane Edelstein, this self-study course will teach you to identify the four steps of the major program determination process as well as the common errors seen in major program determination. Thanks to her 25 years of experience, Diane is able to provide invaluable tips for avoiding missteps in governmental audits that lead to non-conforming single audits.
Publication Date: January 2019
Designed For
Designed for auditors, but auditees who wish to understand the process should also attend.
Topics Covered
- Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
- Audit Requirements — Subpart F Section 200.5xx
- Four steps of the major program determination process
- Challenges and common errors that have been noted by peer reviewers and federal oversight agencies
- Complex areas of low-risk Type A programs
- High-risk Type B assessments
- Low-risk auditee determination
Learning Objectives
- Identify the four steps of the major program determination process
- Recognize the complex areas of low-risk Type A programs and high-risk Type B assessments
- Describe the low-risk auditee determination
- Identify the common errors seen in major program determination
- Differentiate Subparts of the Uniform Guidance
- Identify responsibilities of an auditee with respect to SEFA
- Recognize the regulation effective dates
- Identify responsibilities of the auditor as it relates to the Uniform Guidance
- Describe the characteristics of major program determination
Level
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Auditing (Governmental) (2 hours)
Program Prerequisites
Basic understanding of major program determination and uniform guidance.
Advance Preparation
None
