A-133 / Subpart F Audit - Authority, Process, and Addressing Outcomes (Aug 2017)
Carol Barnard and Scott Sheffler combine their grants accounting and legal experience to provide an in depth discussion of the Single Audit Act annual audit process (often referred to as the “A-133” or “Subpart F” audit) that all medium and large grantees must undergo. Carol, a Senior Manager with Aronson LLC, is a CPA and Certified Fraud Examiner with fourteen years of experience auditing grantees and their programs. Scott is a Partner with FTLF’s Federal Grants Practice Group, and routinely assists grantees in compliance planning and audit resolution matters. Carol and Scott will discuss the federal purposes and authorities for such audits, grantees’ obligations, and what to expect from auditors, and ultimately federal agencies, in the audit process. The Single Audit is the federal government’s most important tool for testing your compliance with the terms of your awards. Moreover, it is a major annual expense for your organization. Join us to ensure you understand the process, your rights, and your obligations.
- Understand the federal purpose and authorities for the Single Audit.
- Understand the audit process from engaging an audit firm, to coordinating the onsite fieldwork, to reviewing and addressing potential findings in the audit report.
- Understand your rights vis-à-vis your awarding agency in the audit resolution process."
A Partner with the firm in the Federal Grants and Health Law practice groups, Scott advises clients on matters of federal grant law, government contract law, and health care law. Scott assists clients with the myriad requirements that apply upon acceptance of federal grant funding, including the administrative requirements and cost principles established in the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), the Office of Management and Budget (OMB) Circulars that preceded the Uniform Guidance, and program-specific statutory and regulatory funding conditions. [Full Bio]
Carol Barnard, CPA, CFE, MBA
Carol is a Senior Manager in Aronson LLC's Association Industry Services Group. With more than 15 years of public accounting experience, Carol has for the past 13 years focused exclusively on nonprofit audit and accounting issues including federal funding and related Single Audit requirements, cost principles, and compliance issues. Carol is a CPA licensed in Virginia and Maryland. She earned her MBA in Accounting in 2003 and her Certified Fraud Examiner designation in 2012. Today, she is a member of both the American Institute of CPAs (AICPA) and the Association of Certified Fraud Examiners (ACFE).