Presented by Tasha Fox, CPA, Graduate School USA

This comprehensive course equips leaders and finance professionals from federal, state, local, and tribal governments, nonprofits, higher education institutions, and K-12 organizations with essential knowledge and strategies to effectively prepare for large-scale financial audits. Participants will gain insights into audit requirements specific to their sectors, learn about internal controls, and discover best practices for financial documentation, ensuring their organizations are audit-ready and transparent.

Learning Objectives

• Understand the scope and requirements of large-scale audits across various public and nonprofit sectors, including compliance with relevant regulations and standards specific to each organizational type (e.g., Single Audit requirements for federal funding recipients, state education audits, nonprofit-specific regulations).
• Develop and implement robust internal control systems tailored to different organizational structures to ensure financial accuracy, prevent fraud, and streamline the audit process, while addressing unique challenges faced by each sector.
• Create a comprehensive audit preparation plan adaptable to diverse organizational needs, including strategies for organizing financial records, preparing required documentation, and effectively communicating with auditors, with special consideration for sector-specific reporting requirements and stakeholder expectations.