Procurement Standards under Uniform Guidance
Author: Diane Edelstein
| CPE Credit: |
2 hours for CPAs |
Uniform Guidance (UG) lays out specific methods of procurement. We will look at the three categories of procurement; 1) Informal, 2) Formal and 3) Noncompetitive. We will look at the perimeters within which the auditee will select their micro-purchase threshold and their simplified acquisition threshold (SAT).
Publication Date: June 2023
Designed For
This session is for non-federal entities (governments and non-profit organizations along with their auditors).
Topics Covered
- Uniform Guidance Overview
- Procurement Standards 200.317-200.327
- Updates and Resources
Learning Objectives
- Recognize and apply the updated section of UG on procurement
- Identify the three categories of procurement
- Recognize the need to select and document the entities threshholds
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Auditing (Governmental) (2 hours)
Program Prerequisites
None
Advance Preparation
None
