Single Audit Readiness - The Auditor and Entity Perspectives
OL1497 | On Demand Course | Update | Self-Study
Description
Organizations receiving grant funding have a specific set of compliance rules and regulation that they face. The challenge is understanding what the auditor will be looking for and how the entity can receive clean audit results. This presentation will walk the listener through "rounds" and discuss the importance of each round from the auditor and entities perspective.
- Round 1 - Types of Audits
- Round 2 - How to Prepare for the Single Audit
- Round 3 - The Importance of Internal Controls
- Round 4 - What are the Benefits to a Clean Audit
- Round 5 - Auditor and Entity Experiences
- Knockout Round (Q&A and audience experiences)
The objective of this session is to provide the listener an understanding of what the auditor will be looking for during a single audit and focusing on Uniform Guidance and the Compliance Supplement. It will also provide entities with resources and tools they can use to establish processes for a cleaner audit.
This course is part of the 2025 Governmental A&A Conference Bundle. Purchase the conference bundle here.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.00 | Auditing (Governmental) |
Notes
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Prices
- Member (Early Bird)
- $59.00
- Non-Member (Early Bird)
- $99.00
- Member
- $59.00
- Non-Member
- $99.00
Instructors
Kathleen Kizior, MSSA, CGMS
Kathleen is a highly respected and accomplished professional with over 20 years of experience in the field of grants management. Her exceptional skills and expertise have made her a trusted leader and advisor to her team and clients alike. As the Grant Management Solutions Lead in Cherry Bekaert's Risk and Accounting Advisory industry group, Kathleen leads the advisory team for grant administration and compliance engagements, providing clients with comprehensive grant lifecycle management solutions.
Kathleen's professional competency in the full lifecycle of grants management is demonstrated through her certification as a Certified Grants Management Specialist. Her expertise covers a wide range of areas, including risk assessment and gap analysis, subrecipient monitoring and compliance audits, 2 CFR 200 Uniform Guidance compliance, internal controls, grant reconciliations, workflow analysis, and creating effective processes through digitalization.
Kathleen began her career in grants management working for the North Carolina Department of Correction, where she quickly rose to become the Grants Accounting Manager. She later worked for the Northwest Indiana Planning Commission, where she continued to hone her skills in accounting and grants management. Kathleen then became the Reporting and Compliance Manager for local government, where she was responsible for overseeing all aspects of grant accounting from pre-award to post-award monitoring and compliance. Her experience in this role allowed her to develop a deep understanding of the complexities of grant administration and compliance. Kathleen is highly regarded for her knowledge of ARPA compliance and reporting.
In addition to her work in grants management, Kathleen has extensive experience in accounting and financial management. Kathleen is also an accomplished speaker and presenter. She has presented on grants management compliance and internal controls at the NGMA Annual Grants Training and GPC GrantSummit conferences. She also leads a grants management podcast for Cherry Bekaert, sharing her insights and expertise with a wider audience.
Back to InstructorsZachary LeMorta, CPA
An Audit Manager in the Washington, D.C. practice of Cherry Bekaert, Zach has been with the Firm for five years and provides accounting and assurance services to local governments, technology companies, and not-for-profit organizations. He has considerable experience with the Uniform Grant Guidance, as several of his local government and nonprofit organizations receive federal funding.
Zach's responsibilities in relation to the audit process include performing planning procedures to obtain an in-depth understanding of his client's situation, including their operations and internal control environment. From this, Zach works directly with the partner to develop an overall risk assessment and the respective audit procedures. In addition, Zach oversees all work performed by the audit team. He also plays a significant role in drafting the audit deliverables, including the financial statements and required audit communication letters.
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