Join the NFP community to a session on the importance of the OMB Compliance Supplement for auditors that perform Single Audits and for non-profits that are recipients of federal awards.
Learning Objectives
- Upon completion of this course, you'll be able to:
- Explain the critical role of the OMB Compliance Supplement in ensuring proper Single Audit procedures and compliance with federal requirements.
- Apply the OMB Compliance Supplement to strengthen internal controls and documentation practices for federal award recipients preparing for Single Audits.
- Identify key updates between the 2024 and 2025 OMB Compliance Supplements to implement changes effectively and maintain audit readiness.
Major Topics
- The importance of using the OMB Compliance Supplement for performing Single Audits
- How recipients of Federal awards can utilize the OMB Compliance Supplement to better prepare for their Single Audit
- The significant changes in the 2025 OMB Compliance supplement from the 2024 Supplement