Event Description

Stay current on significant developments affecting Single Audits with this focused update on recent regulatory and professional guidance. This course reviews the 2024 Uniform Guidance overhaul, including the increase in the Single Audit threshold to $1 million and other changes impacting audit planning and execution.The course also examines Appendix B of the 2025 GAS/Single Audit Guide issued by the AICPA, highlighting updates that affect audit efficiency and compliance considerations. In addition, participants will receive updates on recent guidance issued through Office of Management and Budget (OMB) memoranda, as well as reporting-related changes.This course is designed to help auditors understand how these developments affect Single Audit requirements and what to watch for as regulations continue to evolve.

Objectives

• Recognize the impact of the 2024 Uniform Guidance changes on Single Audits.
• Identify changes in Appendix B of the AICPA GAS/Single Audit Guide affecting Single Audit engagements.
• Recall key changes introduced through recent OMB memoranda relevant to Single Audits.