Course Description

Single Audit - Compliance Auditing, Subrecepient Considerations, and Program-Specific Audits from PPC

Accounting & Auditing

(6 credits) $89.95

Major Subjects:

	Define the authority and coverage of the Yellow Book and recognize auditor responsibility with respect to error, fraud, illegal activities, and indication of abuse that arise during the course of the audit.
	Identify and apply compliance requirements and audit compliance.
	Define and identify questioned costs and report on compliance.
	Identify and explain the difference between a subrecipient and a vendor.
	List the responsibilities of the pass-through entity, subrecipient, and auditor and discuss the Compliance Supplement's suggested audit procedures.
	Apply audit requirements for pass-through entities, subrecipients, and venders and describe a limited scope engagement.
	Identify the audit requirements for a program-specific audit.
	List and describe the reporting requirements for the entity and the auditor.