What has the biggest impact on single audit quality? The AICPA Peer Review Program conducted a study of single audit engagements and identified three factors that strongly correlated to quality performance. The study also provided insights into the most common areas of non-conformity in single audits and uncovered misconceptions that are creating challenges for practitioners. Learn more about the study results and the actions your firm can take in this session.
1) Identify the factors that correlated to quality in single audits and the steps firms and SAOs can take to perform high-quality engagements
2) Understand the most common areas of non-conformity in single audits and what is required under professional standards