Chapter 11 FEDERAL GOVERNMENT ACTIVITIES

LEARNING OBJECTIVES

After completing this chapter, you should be able to do the following:

  • Identify the guidance and requirements found in the Uniform Guidance.
  • Recognize how the effective dates of the guidance will affect various stakeholders.
  • Identify key changes for auditors in a single audit.
  • Identify key revisions regarding determining major programs.
  • Identify key revisions to reporting requirements.

INTRODUCTION

This chapter discusses recent and ongoing developments relating to audits of entities expending federal financial assistance. Included in this discussion are the revisions based on the Uniform Guidance and an update on the U.S. Department of Housing and Urban Development (HUD) consolidated audit guide.

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