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The Schedule of Expenditures of Federal Awards: An Important Part of Preparing for Your Single Audit
Diane E. Edelstein

Guidance on how to complete your SEFA in order to smooth your Single Audit and to make sure you are in compliance with all of the Uniform Guidance requirements.

Price: $299.00
The Schedule of Expenditures of Federal Awards: An Important Part of Preparing for Your Single Audit

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance or UG for short) requires non-profit organizations and state and local government auditees to complete a Schedule of Expenditures of Federal Awards (SEFA). The SEFA must include expenditures for each grant during the period covered by the organization’s financial statements. The SEFA is not necessarily straightforward due to several factors including: updated Uniform Guidance requirements, CFDA numbers, etc. Your auditor is required to audit the SEFA and to provide an opinion. The SEFA is an important part of preparing for your Single Audit. Careful attention should be given to its preparation in order to reduce scrutiny by your auditors and to provide better focus on the key grants which will need to be tested. It is important that your organization understand how to complete the SEFA in order to smooth the Single Audit process.

Please join Diane E. Edelstein CPA as she offers guidance on how to complete your SEFA in order to smooth your Single Audit and to make sure you are in compliance with all of the Uniform Guidance requirements.

WHAT YOU’LL LEARN

Just a sample of the many practical tips you’ll take away:

  • Review auditee requirements relating to:
    • Preparation the SEFA
    • Understanding the different elements ofthe SEFA
    • Ensuring the accuracy of the SEFA
  • Understand auditor requirements relating to:
    • Independence standards when assisting in SEFA preparation
    • Ensuring the SEFA is accurate
    • Reporting on the SEFA
  • Updated Uniform Guidance requirements
  • Best practices and pitfalls to avoid
  • AND MUCH MORE!
Price: $299.00

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PRESENTER

Diane Edelstein

WHAT'S INCLUDED

  • Access your training anywhere, with a computer, tablet or smartphone.
  • Engaging and up-to-date training to support your career and your organization.
  • Handouts you can distribute to your board and staff.