On-demand webcasts

 

Audit requirements for recipients of HHS Provider Relief Funds

Feb 16, 2021

During the webcast Wipfli healthcare specialists provided insights on the audit requirements for recipients of Health and Human Services (HHS) Provider Relief Funds (PRF). With the funding being subject to a Single Audit under the Uniform Guidance, it is critical that healthcare finance officers and their teams understand the regulatory, accounting and auditing implications and start preparing now.

This on-demand webcast would be helpful for many healthcare provider types; for-profit, not-for-profit, and government-owned entities such as hospitals, nursing homes, and clinics.

Topics covered included:

  • What are the factors that determine if there needs to be an audit of HHS Provider Relief Fund expenditures?
  • The differences between a Single Audit in accordance with Uniform Guidance and a Financial Audit conducted in accordance with Government Auditing Standards
  • The audit requirements for nonprofit and government owned healthcare providers
  • Audit options available to for-profit healthcare providers

Questions can be sent to Wipfli-healthcare@wipfli.com.

Author(s)

Tim A. Ritter, CPA
Partner
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Julie Toups, CPA
Senior Manager
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