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Scheduled Program
About the Certification Program
Certification Process
Testing Information
Adjunct Faculty
Maintaining Your Certification


SCHEDULED PROGRAM

Date: November 7 - 9, 2018
Location: Las Vegas, NV
Hotel: Embassy Suites (4315 Swenson St.)
  For a room rate of $125, please call 702-795-2800 and mention you’re with the Falmouth Institute. To book your room online, please click here.
Tuition:   $995

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ABOUT THE CERTIFICATION PROGRAM

Tribes that receive federal funds are required to undergo a rigorous and expensive form of governmental oversight known as the Single Audit. Distinguish yourself in your field—complete this 3-day certification program and pass the qualifying exam to demonstrate you have what it takes to help your tribe comply with the law, organize an RFP, control costs, implement internal controls, assess future risk, and respond to preliminary findings and opinions. Our instructor will guide you through all the aspects of the audit, from preparing your organization and working with the auditor to deciphering audit findings and opinions and avoiding sanctions. We’ll be sure to review the most essential elements of OMB’s Uniform Guidance at 2 CFR 200 (the “Super Circular”) and its Compliance Supplement—the document auditors use to make sure your tribe is in compliance. Don’t miss this opportunity. Take what you learn back to the office for immediate implementation!

T O P I C S   I N C L U D E
Single Audit Act - OMB Super Circular
  • Why a single audit?
  • When should we audit?
  • Who does it go to?
  • Preparing for and understanding the audit
  • Audit follow-up
  • Report submission and release
Steps in the Audit Process
  • Pre-audit:
    • Auditor selection and scheduling
    • Financial statement close out
    • Preparation of SEFA
    • Review of grant programs for grant documentation
    • Auditor's preliminary needs list - gather information
  • Audit process:
    • Audit fieldwork (entrance and exit interviews)
    • Auditor's needs list - revisions
    • Review of draft audit report
    • Review and enter audit adjustments
    • Preparation of corrective action plan
    • Draft audit report presentation to board/council for approval
    • Submission to Federal Audit Clearinghouse
  • Post-Audit:
    • Execution of corrective action plan
Selecting an Audit Firm
  • What to include in your RFP
  • Evaluation criteria
  • Cost vs. experience
  • The role of the council
Audit Management - Working with Your Auditor
  • Audit needs list
  • Financial year-end close-out process
  • Audit report write-up process
Internal Audit
  • Function of the internal audit
  • Tips for conducting successfully
OMB Compliance Supplement
  • Activities allowed or unallowed
  • Allowable costs
  • Cash management
  • Eligibility
  • Equipment and real property management
  • Matching, level of effort and earmarking
  • Period of performance
  • Procurement, suspension and debarment
  • Program income
  • Reporting
  • Subrecipient monitoring
  • Special tests and provision
Saving on Audit Fees
  • What you need to do in advance
  • Schedules
  • Preparing adjusted entries
  • Locating documentation quickly
  • Confirmation letters
Handling the Exit Interview
  • Presentation of preliminary findings and opinions
  • Preparing a written response indicating agreement or disagreement
  • Auditor's response
  • Resolving audit findings
Drafting a Corrective Action Plan


CERTIFICATION PROCESS

Become certified by completing these simple steps:

The Falmouth Tribal Audit Preparation Certification Program can also be delivered as an Onsite Program for organizations seeking to certify at least seven participants. To discuss onsite training opportunities, please call Falmouth at 800-992-4489, ext. 119.



TESTING INFORMATION

To receive your Tribal Audit Preparation Certification, you must pass the online qualifying exam.*


*Testing accommodations are available to those with a documented disability. Please contact Basla Andolsun at 1-800-992-4489 or basla.andolsun@falmouthinstitute.com to discuss your particular situation. You must request accommodations when you register for the Certification Program for accommodations to be guaranteed.



ADJUNCT FACULTY

Falmouth takes pride in its exceptional faculty. We only work with outstanding trainers who have years of specialized Indian Country experience and who are experts in their fields. You can expect your instructor(s) for this program to deliver top quality training suited to your unique needs as a tribal audit preparation professional.


MAINTAINING YOUR CERTIFICATION

Your certification is valid for one year from the date it is issued. To maintain certification, you must:


Qualified classes include any of the following Falmouth Institute trainings (2 or 3 days):