Risk-Based Audit Planning for Indirect Cost Rate Audits

Teacher

Dan Purvine

Category

$199.00

In this 2-hour web-based training, instructor Dan Purvine will explain the critical steps in planning a risk-based indirect cost rate audit. Dan will cover key risk areas and how to perform an effective risk assessment, as well as factors that affect the audit scope.

Topics covered will include:

development of an audit sampling plan
an overview of the testing framework prescribed in the AASHTO Audit Guide

Dan will also discuss identification of high risk accounts and important materiality considerations for indirect cost rate audits. The session will include a discussion of best practices to achieve an audit that is both effective and efficient.

A 10 question quiz will preceed the training, which must be passed at a 70% rate or higher to earn the CPE credit. Once the video has been downloaded, the training will be available for five days.

Hours of CPE credit: 2

Course Features

Lectures 4
Quizzes 1
Duration 90 days
Skill level All levels
Students 50
Certificate Yes
Assessments Self

Course
5
- Lecture1.1
  
  Introduction – Risk-Based Audit Planning for Indirect Cost Rate Audits
- Lecture1.2
  
  Download Resources – Risk-Based Audit Planning for Indirect Cost Rate Audits
  10 minutes
- Lecture1.3
  
  Recorded Webinar – Risk-Based Audit Planning for Indirect Cost Rate Audits
- Quiz1.1
  
  Exam – Risk-Based Audit Planning for Indirect Cost Rate Audits
  10 questions
- Lecture1.4
  
  Conclusion – Risk-Based Audit Planning for Indirect Cost Rate Audits
  30 minutes

Dan Purvine

Dan Purvine is the President of A/E Clarity Consulting and Training, a firm that specializes in helping A/E firms to navigate the complex rules and regulations applicable to state, federal, and local agency contracts. Dan brings to this role over 14 years of experience in the A/E industry as the Vice President of Finance and Accounting for a large engineering firm. Dan has been providing A/E industry training through A/E Clarity since 2012 and has trained thousands of people in architecture and engineering firms, CPA firms and public agencies. Dan is the former chair of the American Council of Engineering Companies (ACEC) National Audit Subcommittee and continues to work closely with FHWA and AASHTO in his consulting role with ACEC to achieve uniform application of FAR Part 31 and the AASHTO Audit Guide, and to better address the needs of A/E firms nationwide. He has been heavily involved in the development of the AASHTO Audit Guide and the National Compensation Matrix, and works closely with the AASHTO Audit Guide Taskforce to continually improve the Guide as a tool for A/E firms, State DOTs, and CPAs. Dan works closely with state ACEC organizations and many state DOTs on issues related to FAR compliance, audits, and reimbursement of A/E firm costs. A/E Clarity provides training and consulting services and through a related CPA firm, D. L. Purvine, CPA, PLLC, Dan and his team perform overhead audits for clients nationwide. Dan also served as the 2015-16 Chair of the North Carolina Association of CPAs and is a former member of the AICPA Council.