Download or read book Single Audit Implementation for Local Governments written by North Carolina. Local Government Commission and published by . This book was released on 1986* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Single Audit written by United States. General Accounting Office and published by . This book was released on 1994 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the influence of the Single Audit Act of 1984 on the financial management practices of selected state and local governments and recommends ways to improve the Act's usefulness.
Download or read book Study of Progress Made in Implementing the Single Audit Concept written by United States. General Accounting Office and published by . This book was released on 1984 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: A report was presented on a recent GAO study in 10 States of the implementation of Office of Management and Budget (OMB) Circular A-102, Attachment P, which was issued in an effort to implement the single audit concept in the auditing of grants to states and local governments. GAO found that neither the circular nor related policies have clearly defined the single audit concept. OMB has assigned various cognizant agencies to oversee the implementation of the circular at the state and local levels. For a limited number of state and local governments, OMB assigned a lead cognizant agency to coordinate the single audit on behalf of other cognizant agencies. With the lack of a clear definition and common agreement on the scope of the audit and a diffusion of responsibility in the current cognizant agency system, the transition to the single audit has been slow and difficult. Relatively few audits that were completed, in process, or planned pertained to local governments; since most federal grant funds are spent by local governments in the 10 States studied, the funds were not audited in accordance with the OMB requirements. GAO found a wide diversity in the sampling methods auditors used for selecting federal grants at the local level. The study found that the cognizant agency system in most states did not: (1) designate a lead or single federal agency to be responsible for coordination of the single audit within a state; (2) facilitate the development of a plan for implementing the single audit at federal, state, and local levels of government; (3) provide uniformity within a state on the technical aspects of the audit; or (4) help develop a plan to monitor the audits performed.
Download or read book Audits of State and Local Governments written by American Institute of Certified Public Accountants. State and Local Government Audit Guide Revision Task Force and published by . This book was released on 2003 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Single Audit written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1995-10 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the influence of the Single Audit Act of 1984 on the financial practices of selected state and local governments and recommends ways to improve the Act's usefulness. Recommendations address criteria for determining entities and programs subject to single audit, content and publication of single audit reports, and impact of single audit reports. Charts and tables.
Download or read book Compliance Supplement for Single Audits of State and Local Governments written by United States. Office of Management and Budget and published by . This book was released on 1982 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Knowledge Based Audits of State and Local Governments with Single Audits w CD ROM 2008 written by Michael A. Crawford and published by CCH. This book was released on 2008-07 with total page 1252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Local Government and Single Audits written by Rhett Harrell and published by CCH. This book was released on 2006-05 with total page 1578 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dedicated to the audit professional who wants to conduct audits of local governments in a more practical manner, this book is based on years of discussions with fellow practitioners who have requested an easier method of performing an audit of a local governmental entity. It includes information on Office of Management and Budget Circular A-133, better known as single audits. The forms and checklists in the book identify the specific professional requirements. The practice aids are included on a free companion CD.
Download or read book Single Audits written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-21 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: In fiscal year 2015, federal agencies outlaid over $600 billion in federal awards to state and local governments, according to OMB. The Single Audit Act of 1984, as amended, requires that federal agencies oversee their awards to nonfederal entities. OMB Circular No. A-133 provided guidance for implementing the act during GAO's audit. GAO was asked to examine federal agency oversight of single audits. This report examines whether selected agencies effectively designed policies and procedures to reasonably assure that (1) recipients submit timely single audit reports and (2) award recipients take action on single audit findings by issuing timely management decisions. GAO also examined whether selected agencies had policies and procedures for managing high-risk and recurring audit findings. GAO selected the five agencies with the largest dollar amounts of reported outlays for grants to state and local governments in fiscal year 2013. For each agency, GAO reviewed its two subagencies accounting for over 80 percent of outlays, reviewed written policies and procedures, and interviewed the respective officials.
Download or read book Government Auditing Standards and Single Audits written by AICPA and published by John Wiley & Sons. This book was released on 2016-12 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fully updated for the OMB Uniform Guidance for federal awards. The new Uniform Guidance requirements have introduced extensive revisions to single audit engagements that affect the entire audit process, from the engagement letter to reporting on the single audit. Changes have also been made to federal agency requirements, administrative requirements, cost principles to which federal awards are subject, and more. Navigating these changes will require vigilance throughout the entire process in order to ensure that your engagements are compliant. This guide will assist you with understanding these significant revisions and correctly applying them in your single audit engagements. It also provides nonfederal entities receiving federal awards with important information on implementing the Uniform Guidance. Key Benefits: Develop an understanding of generally accepted government auditing standards (GAGAS), including the requirements related to auditor independence Gain an understanding of the requirements for performing a Uniform Guidance compliance audit, including major program determination Understand the unique audit areas related to a compliance audit of federal awards, including internal control over compliance for major programs Review illustrative auditor reports for both the financial statement audit performed under GAGAS and the compliance audit performed under the Uniform Guidance Understand the transition considerations that may be encountered in the Uniform Guidance compliance audit Who Will Benefit? Auditors performing Uniform Guidance compliance audits and management of entities that receive federal awards.
Download or read book Audits of States Local Governments and Not for profit Organizations Receiving Federal Awards written by American Institute of Certified Public Accountants. Single Audit Working Group and published by . This book was released on 1998 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit Guide written by AICPA and published by John Wiley & Sons. This book was released on 2018-06-19 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual edition provides accountants and other financial professionals with assistance in understanding and applying the special considerations required in a single audit. It is an indispensable resource for auditors performing Yellow Book audits. This new edition provides up-to-date information and expert guidance on single audits and Uniform Guidance compliance audit requirements, including example auditor reports for both the reporting required under Government Auditing Standards and the Uniform Guidance compliance audit.
Download or read book Government Auditing Standards 2018 Revision written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.
Download or read book Single Audit Information Service for State and Local Governments written by and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audits of State and Local Governments written by Jack F. Georger and published by John Wiley & Sons. This book was released on 2018-03-23 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title provides accountants with critical "how-to" guidance on planning, performing, and reporting on your audit engagements, including financial reporting and the financial reporting entity, revenue and expense recognition, capital asset accounting, and the elements of net position on audits of state and local governments. It covers newly issued accounting and auditing standards, pension and OPEB standards, going concern, fair value, and Yellow Book updates. It prepares accountants to Identify the latest principles of auditing and accounting for state and local governments. Identify new GASB standards. Review in detail auditing considerations including risk assessment, materiality, group audits, and performing and concluding the audit. Re-examine significant accounting transactions including financial instruments; revenues and receivables; capital assets; expenses/expenditures and liabilities; net position and financial statement reconciliations. Identify guidance for special-purpose governments like hospitals, schools district, transportation systems, colleges and universities and more. Prepare financial statements in accordance with a special purpose framework through review of illustrative auditor's reports.
Download or read book Single Audit Act First Year Reporting Has Been Extensive written by GENERAL ACCOUNTING OFFICE WASHINGTON DC ACCOUNTING AND FINANCIAL MANAGEMENT D IV. and published by . This book was released on 1988 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review focused on the extent to which state and local governments that receive direct federal financial assistance are having the required single audits performed. This review also addressed the adequacy of federal initiatives to ensure that state and local governments required to complete single audits are doing so. Three issues concerning problems in implementing the act as well as the quality and usefulness of single audits conducted will be addressed in a future report. The General Accounting Office found widespread compliance with requirements to have single audits performed for the first complete reporting cycle under the act. (kr).
Download or read book Standards for Internal Control in the Federal Government written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers? Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.
