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Audit Strategies for Auditors and Auditees - An eLearning Course

The uniform guidance made significant changes to the single audit process and federal agencies are expected to recover approximately $50 billion a year in improper payments, including waste, fraud and abuse. That’s why both auditors and auditees need to update the strategies they use to prepare for audits. From understanding the new audit threshold to rules for using cooperative audit resolution, now is the time to update your audit strategy to align with the 2 CFR 200’s focus on risk and accountability!



Overview

Audit Strategies for Auditors and Auditees 

Led by Karen Norris 
Participants will receive 7.5 GPCI Credits
Throughout this course, auditors and auditees will learn how the uniform guidance has changed the Single Audit process, including what is required if an audit identifies findings. From where the most common findings arise, to ways to trouble shoot your own documentation and reporting, you’ll “graduate” from this course ready to make sure you have the right processes in place—and that they’re being followed. 

Working at your own pace, you’ll gain practical guidance on a proactive approach than can be used to help resolve issues and reduce the chance that findings will trigger disallowed costs. Auditees will learn how to map out audit strategies that anticipate auditors’ questions. Auditors will gain valuable know-how into new requirements including thresholds, time and effort reporting, procurement provisions, tribal reporting exemptions and many other key areas of the Subpart F single audit.

Are you looking for a online training that you can take at your own pace or does a more structured course fit your needs better? This eLearning course provides  you with the option to participate at your own pace with on-demand eLearning or participate on a weekly schedule with other students by signing up for one of our seasonal courses.

2020 Winter Session: January 6 - March 30 | Enter WINTER at checkout

2020 Spring Session: April 6 - June 29 | Enter SPRING at checkout 

2020 Summer Session: July 6 - September 28 | Enter SUMMER at checkout

2020 Fall Session: October 5 - December 28 | Enter FALL at checkout

On-Demand eLearning: No Promocode needed at checkout

Learning Objectives:
  • Understand the focus on risk in the uniform guidance
  • Recognize most common audit findings
  • Identify varied monitoring techniques
  • List steps to prepare for a site visit
  • Review changes to the new SF-SAC form
  • Identify requirements in the compliance supplement
  • Gain awareness of a new audit resolution strategy
  • Review considerations for formal audit appeals

Pricing

Course Pricing
Students 1-9: $395 each
Students 10-24: $195 each
Students 25+: $95 each

Course Availability

Seasonal courses are now available for students to participate on a weekly schedule with other students. This is a 12-week course and takes place over the course of the following weeks:  

2020 Winter Session: January 6 - March 30 | Enter WINTER at checkout

2020 Spring Session: April 6 - June 29 | Enter SPRING at checkout 

2020 Summer Session: July 6 - September 28 | Enter SUMMER at checkout

2020 Fall Session: October 5 - December 28 | Enter FALL at checkout

On-Demand eLearning: No Promocode needed at checkout

You also have the option to participate at your own pace with on-demand eLearning, which gives you and your team complete control over when and where you choose to engage with the training.

Course Outline

  1. Welcome
  2. Introduction
  3. Module 1 - Understand the Focus on Risk
  4. Module 2 - Common Audit Findings
  5. Module 3 - Monitoring Strategies
  6. Module 4 - Steps To Prepare for a Site Visit
  7. Module 5 - Changes to the SF-SAC Audit Cover Form
  8. Module 6 - Compliance Supplement
  9. Module 7 - New Audit Resolution Strategy
  10. Module 8 - Audit Appeals
  11. Final Quiz

Instructor

Karen Norris
Karen Norris, is nationally recognized in the grants community as a consultant and Subject Matter Expert (SME) for k4rnoco - a K4ren Norris Company in Gaithersburg, MD. She has experience in grants and contracts for more than 20 years, previously as a grants administrator for educational institutions in the State of Maryland and as an author and managing editor for national grants publications. Ms. Norris has served on the Board of Directors of professional associations and editorial advisory boards. She is an invited annual presenter at national conferences and training events, including the Grant Professionals Association, National Grants Management Association, the American Institute of CPAs (AICPA), Management Concepts, Thompson Information Services/Columbia Books, and the former Council for Resource Development (now CASE), among others. Ms. Norris conducts webinars, virtual classes, eLearning, and onsite grants training at national grants forums and for federal, state, local and territorial governments and other nonfederal entities. The White House Conference on Aging published her white paper about health grants. Ms. Norris has advised and responded to information requests about the grants process from the U.S. Senate Subcommittee on Federal Financial Management. Ms. Norris has served as a federal reviewer for the U.S. Department of Education and the U.S. Department of Agriculture.