NASACT Webinar: Federal Funding: Recipient and Single Audit Issues

NASACT is pleased to announce the latest in its series of training events addressing timely issues in government accounting, auditing, and financial management.

Since March 2020, grant recipients and single auditors have been dealing with a variety of accounting, auditing, reporting, and management issues. In many regards, these issues are the result of significant increases in federal funding from the pandemic and more recently, from the Infrastructure Investment and Jobs Act. This webinar will provide an update on the latest developments for recipients and single auditors resulting from these federal funding increases. Among the topics covered will be:

  • Revenue replacement
  • Subrecipient monitoring
  • Close-out and reporting issues, including CRF and ERA closing
  • Lessons learned and trends from single audits of pandemic-related funding
  • Audit resolution – current status/trends
  • Infrastructure funding – what are risk areas to be aware of now?
  • Single audit issues (current and future)

Speakers will provide current practical guidance on issues from the perspectives of grantors, grantees, and auditors (both state and federal).

Date: 02/23/2023
Time: 12 p.m. – 2 p.m. (local time)
CPE: 2 credits

LEARNING OBJECTIVES

  • At the end of this webinar, attendees should be able to:
  • Identify key financial management issues regarding federal funding.
  • Understand current issues impacting grantors and grantees including financial management, accounting, and reporting matters.
  • Identify the major single audit issues (current and future) pertaining to federal funding and how to address those issues.

FIELD OF STUDY

Auditing (Governmental)

To Register:

  • Visit the Yes webpage.
  • Click Login under the “Online Learning Portal”.
  • This will launch the TraCorp Learning Platform.
    • If you have not logged in to the new Learning Management Site before, you will need to use your EIN and initial password of “NewUser1” on the first login. Once in, you must change your password before proceeding.
  • Once logged into TraCorp, Click "Assigned Content".
    • For those who have a Full Access or Limited Access (FA or LA) TraCorp account, Click on My Student before launching content.
  • In the search field to the left, enter “GAO Hosted Webinar”.
  • Under the Upcoming Session, click "Register" for the February 23, 2023 session.
  • You will receive a confirmation email with access instructions.
Author
GAO
Date