Trusted Professional

Conference Speaker: Single Audit Guidance Has Heavier Emphasis on Internal Controls

Untitled design - 2020-01-16T154210.617 do
Ashenfarb said it's important to make sure that one is using the most recent version of the guidance. While a version was released in June 2019, he said it contained errors and so the government released a revised guide in August 2019. He said firms have gotten tripped up by using the wrong compliance supplement, so practitioners should first ensure they're using the correct document.