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2020 Supplement and COVID-19 Single Audit Implications
Government
Webcast

2020 Supplement and COVID-19 Single Audit Implications

OMB has issued the first release of the 2020 Compliance Supplement. This webcast will provide the latest guidance on the 2020 Compliance Supplement and other single audit activities as well as the impact of COVID-19 matters on 2020 single audit engagements.

Format

Webcast

NASBA Field of Study

Auditing (Governmental)

Level

Update

CPE Credits

2

Author(s)

Lindsey D. Oakley, Kimberly McCormick

Availability

3 months

 Business & partner 
Learning Outcomes
  • Identify the key changes in the 2020 OMB Compliance Supplement (Supplement)
  • Recognize the impact of COVID-19 matters on single audit engagements
  • Identify key concepts in the Supplement
Key Topics
  • OMB Compliance Supplement
  • Single Audits
  • Uniform Guidance
Product Details

First release

OMB has issued the first release of the 2020 Compliance Supplement. While it does not address the COVID-19 pandemic significantly, Appendix VII does delve into the impact at a high level.

In this webcast we will review:

  • What the Supplement says on pandemic implications
  • Other updates you should be aware of
  • The latest COVID-19 matters the GAQC has on its radar
  • Commonly asked questions.

Government Audit Quality Center (GAQC) members save an additional 20%

If you are a GAQC member, you can save 20% more off the registration price. Find out more information on the GAQC Website.

Who Will Benefit
  • Auditors performing single audit engagements
Pricing
Do you have an AICPA membership? Log in to apply your member discount.

Looking for group pricing?

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
More Details
NASBA Field of Study
Auditing (Governmental)
Level
Update
Prerequisites
Previous experience in single audit engagements
Access
This is a live event. You will have access on the date/time of broadcast and the archive for 3 months after the broadcast date.
Duration
2 hrs
Speakers
Lindsey D. Oakley
CPA
Director, National Accounting & Auditing Assistant Director, Firmwide Government & Not-for-Profit Technical Coordinator, BKD.com Lindsey, a member of BKD National Not-for-Profit Group and BKD National Governmental Group, currently serves in BKD's National Office Accounting & Auditing Department, where she provides technical support to BKD auditors, implements new professional standards and performs concurring review on engagements.She also serves as BKD's firmwide government & not-for-profit technical coordinator. She joined the National Office in 2012 after working in the Springfield, Missouri, office where she provided audit and consulting services for not-for-profit organizations, governmental entities and real estate companies. Lindsey was a lead adopter of the AICPA's Advanced Single Audit Certificate Program. This certificate requires the ability to evaluate and analyze the core concepts related to client acceptance, engagement planning, engagement analysis, concluding an engagement and guiding principles for single audits at an advanced level as outlined in the AICPA Competency Framework: Governmental Auditing. Lindsey is a member of the Executive Committee of the American Institute of CPAs (AICPA) Governmental Audit Quality Center. She is also a member of the American Institute of CPAs and Missouri Society of CPAs. Lindsey is a 2004 cum laude graduate of Missouri State University, Springfield, with a B.A. degree in accounting and a 2005 graduate with an M.Acc. degree.
Kimberly McCormick
CPA
Kimberly McCormick, CPA, is a partner with Grant Thornton, LLP in the San Francisco Bay Area. She has over 27 years of experience working with all types of not-for-profit organizations and governments and currently serves as an audit partner for several colleges and universities, religious organizations, museums, foundations, social service organizations and many organizations subject to OMB Circular A-133. Kim previously served on the Executive Committee of the AICPA's Governmental Audit Quality Center, currently serves on the planning committee for the AICPA's National Governmental Accounting and Auditing Update conference and is the co-chair of the California Society NPO Conference. She serves on the audit committee of Northern California Grantmakers and is a member of the AICPA and CalCPA.
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2020 Supplement and COVID-19 Single Audit Implications
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