Numerous organizations have received federal funding in response to the COVID-19 pandemic, infrastructure legislation, or from other federal funding sources. In many cases, these organizations must have a single audit for the first time.
If you are an organization that needs a single audit, this AICPA Governmental Audit Quality Center (GAQC) checklist will help you prepare for an effective and smooth experience. The checklist runs the gamut from understanding the audit requirements, finding a qualified auditor, gathering and organizing your