New Money, New Audits: How to Prepare for a Stimulus Audit
An abundance of coronavirus funding means new compliance requirements and audit risk for grantees receiving those awards. In addition, many smaller grantees may be required to obtain a single audit for the first time. This training will cover the audit requirements in Subpart F of the Uniform Grants Guidance, and the audit requirements of each source of coronavirus funding (CARES, CRRSAA, ARP), and how to properly document flexibilities for audit purposes. In addition, we will discuss the lessons learned from prior and current audits related to disaster relief and coronavirus funding.