This guide is an indispensable resource for auditors performing audits of financial statements in accordance with Government Auditing Standards and compliance audits in accordance with OMB Circular A-133. Use this valuable tool to assist in dealing with the special considerations required in a single audit.
This edition, updated as of February 1, 2014, provides up-to-date information regarding performing a single audit. Also includes updated auditor reports for both the financial statement audit and the compliance audit. Also added is a stand-alone report on the schedule of expenditures of federal awards.
Understand the complexities of Government Auditing Standards and Circular A-133, including the requirements related to auditor independence.
Understand the revised relationship between Government Auditing Standards and AICPA GAAS, and how this impacts performing the financial statement audit.
Provides strategies to ensure that the auditor’s reports required in a single audit are in compliance with the current standards.
AICPA and GASB Government Standards Set [Subscription]
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