Engagement Alternatives to Single Audits for For-Profit Entities Receiving Provider Relief Funds – Further Reading

AU-C 805, Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement
Governmental Audits of Single Financial Statements or Elements, which covers some of the requirements for those who may not be familiar with performing an AU-C 805 audit.
TQA – Section 9160.36, Reporting on the Provider Relief Fund in the Schedule of Expenditures of Federal Awards in Relation to the Financial Statements in a Single Audit as well as a practice aid, HHS Audit Requirements for For-Profit Entities with Awards from the Provider Relief Fund Program and Other HHS Programs, which are valuable tools for practitioners.

AICPA Responds to Passage of H.R. 1

July 8, 2025

The American Institute of CPAs (AICPA) issued a statement following the passage of H.R. 1. The bill passed the House on July 3 and was signed into law by President ...

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Transformation Trends: When Ransomware Hits a CPA Firm

July 7, 2025

Your accounting story can inspire the next generation. Join the Center for Accounting Transformation’s Agents of Transformation initiative to help reshape how students and career explorers see the future of accounting ...

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Career Opportunity – Assistant Finance Director: Hilton Head Island

July 7, 2025

The Lowcountry Chapter of the Association of Fundraising Professionals is seeking a detail-oriented volunteer to serve as treasurer. This critical leadership role oversees the chapter’s finances, maintains accurate records, assists with budgeting, ensures timely deposits and filings, and helps process event income.

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