AWAC
SURGENT McCOY'S AUDIT WORKSHOP: BEST PRACTICES FOR AUDITS IN COMPLIANCE
WITH GOVERNMENT AUDITING STANDARDS AND OMB CIRCULAR A-133
Often, entities that require A-133 audits are the least-profitable
clients for CPA firms. This is sometimes a direct result of engagement
teams being less familiar with the compliance and testing requirements
for these types of engagements, as well as best practices for boosting
quality and profitability. This course will provide proven tips and techniques
for performing a more effective and efficient audit of federal financial
awards.
Major topics include:
- Discover the difference between GAAS and GAS/GAGAS audits.
- Understand risk-assessment
requirements beyond the financial-statement audit.
- Learn what must
be done beyond the financial-statement audit in order to issue reports
on internal controls and compliance for major programs.
- Master designing
and documenting effective and efficient tests of the A-133 compliance
requirements.
- Practice considering,
documenting, and communicating the impact of internal-control deficiencies
and compliance audit findings to the client.
Designed for: Seniors and above in public
accounting who wish to learn how to perform a better audit. This course
will qualify for Yellow Book CPE credits.
Level of knowledge: Intermediate
Field
of study: Auditing
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