AICPA Issues New Practice Aid for Auditees for Schedule of Expenditures of Federal Awards– February 24, 2017 by Marie Brilmyer

Due to the requirements of Uniform Guidance, the Schedule of Expenditures of Federal Awards (SEFA) has been updated. The AICPA’s Governmental Audit Quality Center (GAQC) recently issued an updated practice aid for the SEFA to help auditees ensure the SEFA is prepared accurately and completely. It also includes guidance on accumulating federal program information.
Download a copy of the Practice Aid to review:  Auditee Practice Aids: The Schedule of Expenditures of Federal Awards.
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