What is a single audit like?
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Is overtime expected for single audits?
Did three years of single audits. It takes a bit of time to wrap your head around what you're doing. It's very, very controls heavy (at KPMG, at least, as KAM requires a controls approach for SAs) and there's effectively no materiality. Single audits are also much more black and white as the uniform guidance is usually quite clear. Lastly, the clients are usually great: nice, helpful, and usually experienced. Albeit slow sometimes.
The controls tests are not required by the firm that is law
I do numerous every year and have my entire career, going on 18 years. As others have said, heavy focus on controls and compliance. Definitely more black and white. Deadlines are more firm as the feds don’t like giving extensions anymore. Time commitment or overtime is the same as any other service line need to get the work done on time.
After a while you find which federal departments are better or worse to deal with. I went through my first OIG review this last winter and came out just fine but nerve racking when they can impact your license if you messed it up enough or interpreted a compliance requirement and how to tested incorrectly.
sort of like tinder for audit
kind of like tinder or bumble
Mentor
OT is expected
Lonely
My experience is that single audits are very client-dependent. Some clients are very good at their record keeping (they’ll code expenditures to the specific grants, which will make it a breeze to get an expenditure population), and others are absolute shit at it (had a client double count some employee benefits and they somehow did not get a finding).