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Some of the most significant and complex changes affecting single audits have only recently occurred, making the challenge of interpreting and implementing the comprehensive body of authoritative standards greater today than at any time in recent memory. PPC’s Guide to Single Audits is your one source for all the rules, regulations, and guidelines for single audits of both governments and nonprofits. Performing single audits requires compliance with an array of complex regulatory and professional requirements. This Guide helps you comply with these requirements accurately and efficiently, thereby increasing your audit profits.

To save you valuable research time, in-depth guidance is provided on compliance testing, reporting, and audit strategy for single audits. Plus, the Guide includes audit programs, engagement checklists, correspondence, and illustrated reports that will save you time and make your single audit more efficient.

• This Guide tells how to conduct a single audit of the federal awards (grants) of a governmental unit or nonprofit organization. 
• It combines a discussion of authoritative requirements, “how-to” advice, and specifically tailored practice aids to help the auditor audit effectively and efficiently. 
• The guidance is particularly applicable to single audits of governmental and nonprofit organizations, and is generally applicable to other types of quasi-governmental entities that require single audits.