Self-Study
2
Update
Accounting (Govmnt)
Familiarity with Compliance Auditing, Uniform Guidance

Course Description

This course reviews the recently issued Uniform Guidance that superseded OMB A-133. Highlights include major administrative changes, key terms, subrecipient monitoring, minimum indirect cost rate, internal controls, compensation, and procurement impacting the auditee. Also addressed are key changes impacting auditors, including determination of major programs and auditing the schedule of expenditures of federal awards.



Instructor

James E. Woy, CPA

Jim Woy, CPA, is a provider of auditing, accounting, and financial reporting services. Jim also performs peer reviews and presents numerous continuing education courses in the audit and accounting field. He also oversees tax services for corporations, partnerships, individuals, and nonprofit organizations. His service concentrations are government, nonprofit, construction, and health care.

With 36 years in public accounting, Jim is a member of the American Institute of CPAs (AICPA) and was awarded the 2013 and 2014 Outstanding Instructor award from the AICPA. He is also a member of the Montana Society of CPAs and the Butte Chapter of the Montana Society of CPAs. In addition, Jim is an adjunct instructor of auditing at Montana Tech and the University of Montana MAC program. He graduated from the University of Montana with a Bachelor of Science in Accounting and is an enthusiastic runner in his spare time. Jim is also the past president of the Butte Family YMCA and the Butte Exchange Club, serves on the Education and Conference Task Force (ECTF) of the AICPA Peer Review Board, and is a technical reviewer for the MSCPA Peer Review Committee.

Jim has been married for 39 years to his wife Kate and has two daughters, Ashley and Alyssa, and six grandchildren. Jim is a diehard Chicago Cubs fan and waits for the day to see the Cubs win the World Series.



Course Specifics

Accounting (Govmnt)
Dec 26, 2017
Familiarity with Compliance Auditing, Uniform Guidance
SS5156005
None


Compliance Information

103220
Qualifies for CA Fraud: No


Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify how your willingness to change impacts quality.
  • Cite how change is affecting public accounting firms.
  • Identify how the Uniform Guidance will affect auditees administering federal programs.
  • Cite the administrative requirements that were most impacted by Uniform Guidance.
  • Cite micro-purchase, low-risk auditee determination, and Type A program thresholds under uniform guidance.
  • Cite cover requirements for high-risk auditees.
  • Identify information that should be presented on the face of the SEFA.
  • Differentiate between the major program determination under the old OMB A-133 and the new Uniform Guidance.


Choose Your Preferred Format


Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy


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