This annual required Governmental Audit Quality Center Webcast provides members with a summary of the crucial issues that audit teams should take into account while planning for the 2024 audit season.
In this webcast, you'll uncover:
The latest developments in single audits and related regulatory matters, including expectations for the 2024 OMB Compliance Supplement
An update on the status of remaining federal pandemic funding
An update on the new implications of funding from the Infrastructure Investment and Jobs Act
A summary of the activities of various accounting and auditing standard-setters
Best practices, tips, available resources and tools
Key Topics
Single audit update
COVID-19 pandemic funding
Infrastructure funding
Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) standards to consider in planning 2024 audits
Financial statement audit considerations
Learning Outcomes
Identify the latest regulatory matters included in the 2024 OMB Compliance Supplement and apply them to the single audit.
Evaluate the continued impact of COVID-19 pandemic funding on governmental engagements and new implications of funding from the Infrastructure Investment and Jobs Act.
Apply the latest accounting and auditing standards updates to governmental practice