Concurrent Session Onsite and Online
NOT2417. What does the adoption of SAS 145 mean to Uniform Guidance Audits?
Risk assessment under SAS No. 145 is now upon us. How will SAS No. 145 (and SAS No. 148) impact how I plan and perform my single audit engagements.
Learning Objectives:
- Differentiate between SAS Nos. 145 and 148 and determine how SAS No. 148 applies to a Uniform Guidance Audit.
- Identify the nuances of assessing the risk of material noncompliance and inherent risk.
- Distinguish between "direct and material” assessments and risk of material noncompliance.
Date/Time
–
CPE Credits
1.5
NASBA Field of Study
Auditing (Governmental)
Level
Intermediate
Prerequisites
3-4 years in the profession
Advanced Preparation
None
