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AICPA Issues New Practice Aid for Auditees for Schedule of Expenditures of Federal Awards

by Marie Brilmyer

February 24, 2017 Private Company Audits, Not-for-Profit

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.
 
Cohen & Company is not rendering legal, accounting or other professional advice. Any action taken based on information in this blog should be taken only after a detailed review of the specific facts and circumstances.
 

About the Authors

Marie Brilmyer, CPA, MAcc

Partner, Assurance
mbrilmyer@cohencpa.com
330.255.4348

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