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New Tools for Auditing Provider Relief Funds

March 07, 2022

by WSCPA | Mar 07, 2022

A&A TODAY: PRESENTED BY THE WSCPA AND GALASSO LEARNING SOLUTIONS

The AICPA's Government Audit Quality Center (GAQC) has released four tools that can help auditors make sense of auditing provider relief funds. It addresses the unique HHS audit requirements as well as how to handle parent/subsidiary relationships. It also has a tool for auditors new to performing single audits as well as a checklist for organizations getting their first single audit. The GAQC has made these available to the public and you do NOT need to be a GAQC member to access.

Have you downloaded one of the tools?

To learn more about important accounting and auditing developments, join us for an upcoming CPE program with Melisa Galasso.

WSCPA is excited to partner with Galasso Learning Solutions to provide A&A Today, real-time A&A updates and answers. Check the WSCPA blog often for new episodes or subscribe on YouTube.

With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.