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The Updated Basics of Federal Grants and Single Audit Compliance, by Lorman

The Updated Basics of Federal Grants and Single Audit Compliance is brought to you by Lorman

Understand what is required to successfully handle an audit, how to remain compliant and remove risk of losing future funding.

Navigating the new terrain of federal grant requirements can be complex and confusing. This information will help both federal grant recipients as well as their auditors understand the basics of what is required for compliance under the Uniform Guidance, what is being audited, and where to go for resources when it comes to control procedures, costs, and audits in the federal grant environment.

Learning Objectives

  • You will be able to identify the basics of Single Audit and Uniform Guidance
  • You will be able to differentiate between the 12 Areas of Compliance
  • You will be able to recognize the basics of allowable and unallowable costs
  • You will be able to identify practices to prepare for an audit

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