In Part 4 of the Single Audit Fundamentals Series we delve into single audit sampling for beginners, as well as the concluding and reporting stages of a single audit.
Topics covered include:
Sampling concepts in a single audit
Evaluating results of testing
Single audit reporting requirements under Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200 (UG or Uniform Guidance)
Single audit quality and best practices
Resources to facilitate a single audit
Auditors of nonprofits and state and local governments subject to single audits