GOV2439. Mastering the Art of Subrecipient Monitoring [Auditor and Auditee perspectives]
Join us as we delve into the intricacies of subrecipient monitoring and equip you with the knowledge you need to navigate this complex landscape effectively. Key focus areas will include: understanding the requirements of 2CFR Part 200, delineating between subrecipient and contractor, the importance of subrecipient monitoring, how to effectively document activities as both a pass-through entity and a subrecipient, and stepping into the shoes of an auditor to understand the Single Audit review process.
Learning Objectives:
- Recognize the importance of subrecipient monitoring and how to effectively communicate that importance to stakeholders
- Distinguish the regulations of 2 CFR Part 200 pertaining to subawards
- Identify how to prepare for the single audit practices pertaining to subawards (preparing the schedule of expenditures of federal awards [SEFA], documentation review, award agreement language, etc.)
Date/Time
–
CPE Credits
1.5
NASBA Field of Study
Auditing (Governmental)
Level
Intermediate
Prerequisites
3-4 years in the profession
Advanced Preparation
None