Major Program Determination in Uniform Guidance Audits Under the New Standard: Mastering the Four-Step Risk Model
Avoiding Deficiencies in the Single Audit MPD Process
Recording of a 110-minute CPE webinar with Q&A
This webinar will provide audit professionals with thorough and comprehensive guidance to the Major Program Determination in Uniform Guidance (formerly referred to as Circular A-133) Audits, using the four-step risk evaluation model. The panel will discuss the changes to the MPD process that have arisen with the adoption of the Uniform Guidance, and will offer examples of Major Program Determination under the new guidance.
Outline
- Uniform Guidance structure and effective dates
- Applying Risk-Based Model
- Identifying “Type A” programs
- Identifying low-risk “Type A” programs
- Identifying high-risk "Type B" programs
- Determining major programs
- Key planning consideration for audits for the year-end prior to 12/31/15
- Key planning considerations for 12/31/15 audits
- Case studies and illustrations
Benefits
The panel will discuss these and other important issues:
- What are the Type A/B thresholds for major program determination under Section 200.518?
- Identifying Type A programs which are low-risk for purposes of eliminating those programs from audit requirements
- Applying Section 200.519 to identify Type B high-risk programs
Faculty
Nina Bahazhevska
Audit Manager
Grassi & Co.
Ms. Bahazhevska is an Audit Manager for Grassi & Co.’s Non-for-Profit Practice working with a... | Read More
Ms. Bahazhevska is an Audit Manager for Grassi & Co.’s Non-for-Profit Practice working with a variety of non-for-profit organizations focusing on religious and social service government funded organizations (including those that are subject to OMB A-133/Uniform guidance). She manages the firm’s largest corporate structured nonprofit clients with operating budgets in excess of $100M. Sheis proficient in computer-assisted audit techniques and provides in-house training seminars on auditing, accounting and non-profit reporting, ensuring that audit practices are as efficient and modernized as possible. She also writes articles for her firm's Not-for-Profit Advisor.
CloseHelen Martin
Manager
EisnerAmper
Helen Martin is a Manager in EisnerAmper’s Not-for-Profit Services Group in Pennsylvania. She has over 20 years... | Read More
Helen Martin is a Manager in EisnerAmper’s Not-for-Profit Services Group in Pennsylvania. She has over 20 years of experience advising on business and tax matters with clients in the not-for-profit sector. Helen also has concentrated expertise in not-for-profit and HUD auditing, including Yellow Book and Uniform Guidance audits.
CloseJimmy Mo
Director
EisnerAmper
Jimmy Mo is a Director with EisnerAmper and leads their Not-for-Profit Services Group in Pennsylvania. He has more than... | Read More
Jimmy Mo is a Director with EisnerAmper and leads their Not-for-Profit Services Group in Pennsylvania. He has more than 15 years of extensive auditing experience in the not-for-profit and health care sectors. He regularly presents on accounting and auditing topics and best practices related to not-for-profit organizations. Prior to joining EisnerAmper, Jimmy worked as a Senior Audit Manager at Grant Thornton and KPMG.
CloseJennifer Mosera
Audit Supervisor
Grassi & Co.
Ms. Mosera focuses her work on not-for-profit organizations, specializing in auditing special needs organizations,... | Read More
Ms. Mosera focuses her work on not-for-profit organizations, specializing in auditing special needs organizations, healthcare organizations, schools, religious institutions, foundations, and associations. She is also well versed in OMB Circular A-133 Audits, Consolidated Fiscal Report (CFR) Audits, financial statement preparation and review, and Form 990 preparation and review. Ms. Mosera focuses her work on not-for-profit organizations, specializing in auditing special needs organizations, healthcare organizations, schools, religious institutions, foundations, and associations. She is also well versed in OMB Circular A-133 Audits, Consolidated Fiscal Report (CFR) Audits, financial statement preparation and review, and Form 990 preparation and review.
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