GAE2524. Single Audit Update Replay

Each year, when you think things may finally be “settling down” when it comes to single audits, something else crops up. This year brings the adoption of a new Uniform Guidance regulation and the uncertainty that comes from changes being made at federal funding agencies. Thus, it is important for auditors to stay current, and this session here to help! This session will cover key updates including the 2025 Compliance Supplement, transitioning to the new Uniform Guidance, and other matters that the Governmental Audit Quality Center has been working on relevant to your upcoming single audits.

Learning Objectives:

• Identify key information in the 2025 OMB Compliance Supplement
• Identify the single audit implications of the new Uniform Guidance and effective dates
• Recognize recent activities from the AICPA Governmental Audit Quality Center
• Identify single audit developments and the single audit landscape looking forward