Learn best practices to prepare for the audit visit, facilitate a productive audit, and respond to audit findings.
Many organizations participating in federal grant programs are required to participate in an annual audit of their compliance with grant program requirements. They often do not understand the scope and importance of the federal audit. This presentation will help organizations understand when they must participate in the single audit process and relevant audit requirements. The material will also explain best practices to prepare for the audit visit, facilitate a productive audit, and respond to audit findings. Failure to respond timely to audit findings can complicate the audit resolution process and prolong resolution timelines. Finally, this presentation will discuss the impact of COVID on audit timelines and proper documentation of COVID flexibilities. The topic is critical for grantees to ensure that audits do not result in unnecessary findings of noncompliance.
Agenda
Faculty
Aaron Brosnan
Hogan Lovells
- Associate, Hogan Lovells
- Practice focuses on regulatory and grants management issues facing educational institutions
- Assists clients with all questions related to regulations and provides practical guidance on best practices to ensure compliance
- Has advised school districts, institutions of higher education, and nonprofits on federal student aid, school finance, audit findings, and distance education programs
- Previously practiced education law at a nationally recognized education regulatory and legislative practice and worked as a compliance officer at the D.C. Office of the State Superintendent of Education
- Certified Grants Management Specialist
- J.D. degree, The George Washington University Law School; M.S. degree in education, Simmons University; B.A. degree in biology and studio art, College of the Holy Cross
- Can be contacted at [email protected] or 305-459-6544
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