Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

Single Audit

Enable Single Audit on an existing engagement

You can create a new Single Audit only engagement or enable Single Audit on an existing risk based or financial statements audit engagement. Do the following to enable Single Audit on an existing engagement:
  1. Sign in to Engagement Manager and open your engagement.
  2. Select
    Manage
     from the client.
  3. Select
    Guided Assurance properties
    .
  4. Choose
    Edit engagement setup
     then
    Continue
    .
  5. Mark the box to enable
    Single Audit
     and then select
    Continue
    .
  6. Select
    Next
    .
  7. Edit any answers to the setup questions, including the questions that were added from enabling Single Audit.
  8. Select
    Next
    .
  9. Complete the Single Audit Setup section and select
    Done
    .
    The
    Fiscal year start date
     will already show the date from the Engagement Manager engagement, and the
    Use this supplement
     box will automatically use the suggested compliance supplement based on the date entered.
Once you've set up the Single Audit, Engagement Manager creates a new Single Audit folder in the Workpapers tab that'll have the required Single Audit workpapers based on your setup. This is where you can enter federal awards and determine whether a Single Audit is required.

This article applies to:

  • Product: Guided Assurance

Related content