Building on the concepts introduced in Strengthening Your Single Audit Readiness, this webinar takes a deeper look at procurement requirements under Uniform Guidance and how they apply in practice.
Procurement is a high-risk compliance area and a frequent source of single audit findings. This session will provide a practical overview of the procurement standards that apply to organizations expending federal funds, including required procurement methods, competition standards, documentation expectations, and contract oversight responsibilities.
Participants will gain a clearer understanding of common compliance challenges, such as inadequate competition, missing documentation, and conflicts of interest. The session will also offer practical strategies to help organizations strengthen procurement processes, improve consistency, and maintain documentation that supports audit readiness.
Designed for professionals involved in purchasing, finance, and oversight functions, this webinar will emphasize real-world application and manageable approaches to building compliant procurement practices. Attendees will leave better prepared to reduce risk, support proper stewardship of federal funds, and meet federal expectations.
CPE credit will be provided.
Learning Objectives
- Identify key procurement requirements under Uniform Guidance
- Differentiate between procurement methods and determine when each is appropriate
- Recognize competition requirements and how to document them effectively
- Identify common procurement-related audit findings and compliance risks
- Evaluate and strengthen internal controls over procurement processes
- Implement conflict of interest policies and maintain proper oversight of purchasing activities
- Develop consistent documentation practices to support audit readiness
