This course covers the importance of the Schedule of Expenditures of Federal Awards or SEFA as it relates to governmental auditors. This training discusses how the SEFA is an important guide which helps auditors make decisions about which programs to audit. Auditors are required to deeply understand the SEFA in order to efficiently determine which programs to test. The SEFA also assures that funding agencies know that their funding amounts were included in the Single Audit.
This training course reviews pertinent technical guidance and uses real-world examples and case studies to reinforce key points along the way.
Prerequisites
No Advanced Preparation or Prerequisites are needed for this course. However, it is recommended to take the other courses in the series prior to completing this one.
Learning Objective
- Recognize the importance of the Schedule of Expenditures of Federal Awards (SEFA).
- Recognize who is responsible for creating the SEFA.
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Recognize the key steps to properly prepare the SEFA.
Last updated/reviewed: March 7, 2024
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Adam Sandres
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INTRODUCTION AND OVERVIEW
- Introduction to Uniform Guidance Training Part 2: Single Audit Training – The Importance of the SEFA 3:39
- The Importance of the SEFA 8:27
- DoD Ethics Fails & Preperation of the SEFA 11:41
- DoD Ethics Fails & SAS No. 119 14:01
- SAS No. 119 Continued & Conclusion 8:35
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CONTINUOUS PLAY
- Uniform Guidance Training Part 2: Single Audit Training – The Importance of the SEFA 46:23
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SUPPORTING MATERIALS
- Slides: Uniform Guidance Training Part 2 PDF
- Uniform Guidance Training Part 2 Glossary/Index PDF
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REVIEW AND TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
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