Arnett Carbis Toothman LLP (ACT) should require all levels (e.g., partner, manager, staff, etc.) assigned to single audit engagements receive annual training on single audits to include the reporting, audit documentation, major program determination, risk assessment, and compliance testing processes and requirements.
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Closed
Source UUID
330000575-3
Recommendation Number
3
Significant Recommendation
No