Audit Guide Risk of Material Noncompliance (On-Demand Webinar)  

This on-demand webinar presents the revised AICPA Audit Guide which clarifies the methodology for identifying and assessing risks of material noncompliance in single audits. It integrates financial statement auditing principles into compliance audits, emphasizing materiality, inherent and control risk assessment, and proper sampling techniques. The 2025 version's appendix-set to become interpretive in 2026-introduces new sampling tables and greater focus on evaluating evidence sufficiency. Auditors are encouraged to apply continuous risk assessment and professional judgment when determining direct and material requirements. The goal is to improve audit consistency, documentation quality, and compliance assurance under the Uniform Guidance framework.