CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Are You Ready for Uniform Guidance?

Icon_Self-Study
Self-Study
Icon_Level
Update
Credits
CPE Credits
2 Credits: Accounting (Governmental)

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This course reviews the recently issued Uniform Guidance that superseded OMB A-133.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.

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.

Course Specifics

Course ID
5156005VID
Revision Date
December 26, 2017
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

James E. Woy Headshot
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 …

James E. Woy, CPA Read More »

Are You Ready for Uniform Guidance?

Expert Instructors
Format
CPE CREDITS
2 Credits: Accounting (Governmental)

$98.00

Icon_Self-Study
Self-Study
Icon_Level
Update
Credits
CPE Credits
2 Credits: Accounting (Governmental)

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.

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.

Course Specifics

Course ID
5156005VID
Revision Date
December 26, 2017
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

James E. Woy Headshot
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 …

James E. Woy, CPA Read More »

Are You Ready for Uniform Guidance?

Expert Instructors
Format
CPE CREDITS
2 Credits: Accounting (Governmental)

$98.00