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Preparing for an Audit Under the Uniform Grant Guidance and 2017 Compliance Supplement: New Strategies and Techniques

Webinar • Wednesday, October 25, 2017 • 1:00-2:30 p.m. ET

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$249.00 Preparing for an Audit Under the Uniform Grant Guidance and 2017 Compliance Supplement: New Strategies and Techniques (Webinar)

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Webinar Details

Subject: Grants

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

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The first rounds of audits under the Uniform Grant Guidance have hit grant recipients with findings in areas that simply didn’t exist under the Single Audit Act.

While many common findings remain the same as with the Single Audit, the latest UGG audit findings reveal all-new compliance pitfalls involving areas such as payroll costs, procurement support and subrecipient monitoring.

This is no time for guesswork! Here’s expert guidance for building strategies that empower you to mitigate these new risks and respond effectively if findings do arise in your UGG audit.

Register now for Preparing for an Audit Under the Uniform Grant Guidance and 2017 Compliance Supplement: New Strategies and Techniques.

In this 90-minute webinar, Jack Reagan—an audit partner with Grant Thornton—alerts you to how and where the Uniform Grant Guidance is changing your next audit.  From new issues involving payroll costs and procurement support, to common new findings in areas such as subrecipient monitoring, you’ll learn strategies for avoiding similar findings during your next audit.

Mitigate your new audit risks.  You’ll benefit from a concise overview of how UGG audits are producing both similar and very different audit findings from the Single Audit process. You’ll also get practical, proactive insights on how to mitigate potential trouble spots before auditors arrive.  Plus, you’ll have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now for to learn how to mitigate your risk of facing new audit findings under UGG, including:

  • The types of findings being issued under the first rounds of UGG audits
  • UGG requirements that relate to those findings
  • New documentation requirements you must meet to avoid the types of findings now being issued
  • Best strategies for responding to potential findings and questioned costs in these areas

Remember, audits under the UGG are blindsiding grant recipients with findings they never expected. Don’t be among them! Rely on this webinar to help you recognize—and mitigate—these new risks in time to make a difference.

Register now for Preparing for an Audit Under the Uniform Grant Guidance and 2017 Compliance Supplement: New Strategies and Techniques.

This webinar provides a concise overview of today’s most-common single audit strategies that’s vital for:

  • Accounting and finance staff
  • General/in-house counsel
  • Internal auditors
  • Independent auditors
  • Program managers
  • Grant managers and administrators
  • Compliance officers

YOUR EXPERT(S):

Jack Reagan

Jack Reagan is an audit partner in Grant Thornton's Global Public Sector practice. Mr. Reagan has more than 28 years of dedicated industry experience working within the federal government, state and local government, health care, not-for-profit, and higher education sectors. Prior to joining Grant Thorton, he was a partner in the Public Sector Practice at CliftonLarsonAllen LLP for almost 2 years and in the Public Sector Audit practice at KPMG LLP for over 20 years. He has extensive experience performing financial statement and regulatory compliance audits, as well as a variety of advisory services projects. Mr. Reagan also spent 2 years in the national Department of Professional Practice at KPMG LLP, where he attended monthly GASB meetings and provided accounting and auditing guidance to engagement teams whose clients were required to follow GASB. Mr. Reagan has participated in numerous GASB and AICPA publications, and he is a widely sought after speaker on GASB and single audit issues.

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