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Stimulus Funding Compliance Audit Update

February 24, 2021
1:00 PM to 2:30 PM EST

Gabe Foster
(704) 887-4142
Technical Support:

Technical Support
(BDO Employees):
  • Summary
  • CPE Information
  • Presenters
Please join BDO USA, LLP for the next session of our 2021 BDO KNOWLEDGE Nonprofit and Education Webinar Series, “Stimulus Funding Compliance Audit Update."
On December 22, 2020, the Office of Management and Budget issued the 2020 Compliance Supplement Addendum (the Addendum) to assist auditors in performing single audits of programs related to COVID-19 funding and help nonprofit organizations and for-profit organizations navigate the related compliance requirements of their grant, contract and federal awards. Join BDO’s assurance professionals as they examine this new guidance and discuss what organizations need to know to help them comply with the applicable compliance requirements.
Lee Klumpp
National Assurance Partner
Tammy Ricciardella
Assurance Director
Carla DeMartini
Assurance Director
Learning objectives:
  • Understand the requirements promulgated by the addendum to the Compliance Supplement related to COVID-19 funding for programs added last year as well as existing programs
  • Identify the compliance requirements that organizations must adhere to for those programs that are not specifically discussed within the Supplement
  • Gain an understanding of resources provided by the federal government for additional guidance.
  • Identify the audit requirement threshold for the single audit and options available to organizations to meet these requirements
Delivery: This webinar will be delivered via the BDO Online CPE Network
Prerequisites: None
Advanced Prep: None
Credits: 1.5 credits in the field of Auditing - Governmental
Program Level: Basic
BDO USA, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org