Sharpening Single Audit Practices and Avoiding Audit Deficiencies

Recording of a 110-minute CPE webinar with Q&A

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Conducted on Thursday, May 23, 2019

Recorded event now available

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Course Materials

This course will take a fresh look at Single Audit requirements under Uniform Guidance. The panel will review best practices for compliance with Uniform Guidance and discuss strategies to avoid the most common audit deficiencies.


Considering the release of the updated 2018 Yellow Book (effective for financial audits on or after June 30, 2020, and not before), the related Green Book and the implementation of Uniform Guidance, auditors must keep up with a plethora of ever-changing guidelines to maintain proficiency. Preparing the best Single Audit may be an aspiration but having a system of quality controls is a mandate (Statements on Quality Control Standards No. 8 issued by the Auditing Standards Board).

As auditors work through Uniform Guidance for Single Audits and anticipate the results from the required Single Audit Quality Study, they need only to look back a few years to see that even before UG most auditors struggled to meet the voluminous requirements of the multiple authorities. A 2007 federal Single Audit study labeled more than 50% of Single Audits examined as either unacceptable or limited reliability statements. The areas where auditors missed the mark are still relative under the current Single Audit guidelines.

In 2015, an AICPA Peer Review team audit of Single Audits found that audit quality increased significantly relative to the number of audits performed by a firm and an engagement partner, and these results did not vary based on the size of the firm. Quality needs to be addressed by the firm as well as by the auditor. What steps contribute to increased proficiency?

Listen as our panel of experts provides an overview of Uniform Guidance, explains common Single Audit deficiencies, and outlines the steps that firms and auditors can take to produce high-quality Single Audits.



  1. Single Audit Guidance refresher
  2. Continuing problem areas
  3. Firm best practices
  4. Auditor best practices


The panel will review these and other key issues:

  • Complying with current authoritative guidance
  • Recognizing common areas of concern in Single Audits
  • Implementing firm procedures to facilitate quality audits
  • Steps to avoid frequent Single Audit deficiencies


Hillestad, Angie
Angie M. Hillestad

Eide Bailly

Since 2007, Ms. Hillestad has been providing her services to a variety of industries, including nonprofits with...  |  Read More

Schlicker, Kurt
Kurt Schlicker, CPA

Eide Bailly

Mr. Schlicker joined Eide Bailly in 2011 and works primarily with governments, and nonprofits. He specializes in...  |  Read More

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