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Single Audits -- What’s New, What’s Changing, What’s Challenging?
Government Industry Partners, Jennifer Ripka, CPA, and Jackie Gonzalez, CPA, discuss single audits and the challenges many government entities face with the influx of federal financial assistance received over the last two years. The Business of Government host, Adam Jones, points out, “There’s never been a year quite like the last couple of years in government assurance. We’ve seen a deluge of federal funds and it’s put a lot of government and not-for-profit agencies in a category they haven’t been in before – one that is required to have a single audit.”
The Single Audit Act was passed in…
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