Unprecedented federal relief expenditures of the Coronavirus State and Local Fiscal Recovery Funds left many small governments in need of single audits for the first time. New tools offered by the ...

The American Institute of CPAs has released an analysis of single audits and found several factors contribute to audit quality, indicating why some firms are having problems doing the audits. In a ...

The release of the Office of Management and Budget’s (OMB’s) Compliance Supplement addendum for single audits right before Christmas gave practitioners long-awaited guidance for these specialized ...

The American Institute of CPAs has begun offering intermediate and advanced certificates to CPAs who perform “single audits” of governmental entities and grantees and audits of employee benefit plans.

NEW YORK--(BUSINESS WIRE)--Thousands of state and local governmental agencies, nonprofits and businesses that received funding from federal pandemic relief programs are subject to audits that focus on ...

MDR, MDSAP, and FDA audits demand rigorous preparation, lifecycle traceability, and risk-based compliance for global market ...

The University of Wyoming’s annual external financial audit and single audit for the 2023 fiscal year have been approved by UW’s Board of Trustees. The unmodified opinion by the FORVIS accounting firm ...

As part of the President’s Management Agenda, the General Services Administration has been tasked with developing a more analytical, risk-based approach to managing $700 billion in federal grants ...

A new report from Mississippi State Auditor Shad White shows hundreds of millions of dollars of federal stimulus funds were misspent in the state, and the auditor's office is hearing similar stories ...

This document provides guidance on how to determine the type of grant financial review being requested by a sponsoring agency or an external auditor. The type of review depends on the purpose, scope, ...