Checkpoint Engage Single Audit has been released by Thomson Reuters. The web-based application was described by company as automating the entire single audit process.
The software offers step-by-step in-product guidance and it is embedded with the Office of Management and Budget’s Compliance Supplement.
Users enter a client’s federal award information and expenditures and answer a few questions with the application determining which awards must be audited. A compliance audit program is then prepared, containing the procedures to be performed.
Single Audit is designed for financial statement audits of local governments, nonprofits, school districts, and HUD engagements
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind