Overview of PPC's SMART Practice Aids - Single Audit Suite
PPC’s SMART Practice Aids - Single Audit Suite is an automated solution to complete your single audit engagements from beginning to end.
Here's what you can do:
- Accumulate, enter or import, and classify all Federal Awards and expenditures
- Determine whether a program-specific audit may be elected or whether a single audit is required
- Determine whether the auditee qualifies as a “low-risk auditee”
- Determine which award programs must be tested as “major programs”
- Create and modify compliance audit programs for each major program /cluster
- Prepare the Schedule of Expenditures of Federal Awards
- Customize and electronically sign off on all audit programs and compliance requirements
- Bring in valuable Checkpoint Tools for further documentation of your major programs and compliance requirements