Reuters
Subject: A Press Release from Thomson Reuters
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"Thomson Reuters" <http://thomsonreuters.com?elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=9
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Thomson Reuters Checkpoint Releases Updated Single Audit Solution
-----------------------------------------------------------------
09/01/15
NEW YORK a{ €}" Updates to Thomson Reuters Checkpoint <https://tax.thomsonreuters.com/products/brands/checkpoint
--->/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&utm_medium=pressrelease&elq=db8ed9ee828c4ee690798c
--->6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=0cbc46ffa7b9452da0349f621f65ab22> provide customers with a s
--->ingle audit tool for the first time that complies fully with the Office of Management and Budgeta{ €}{ ™}s
---> (OMB) recently released 2015 Compliance Supplement. Specifically, this edition of PPC's SMART Practice Aidsa{ €
--->}"Single Audit <http://store.tax.thomsonreuters.com/accounting/Audit-and-Accounting/PPCs-SMART-Practice-Aids-Single-Au
--->dit/p/100201706/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&utm_medium=pressrelease&elq=db8ed9e
--->e828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=4489732ca5454ff980339e92dcf3a574> simplifies
--->the new administrative requirements and cost principles for both OMB Circular A-133 audits and Uniform Guidance audits
--->.
In December 2013, the OMB issued its Uniform Administrative Requirements, Cost Principles, and Audit Requirements for
--->Federal Awards (Uniform Guidance). The Uniform Guidance supersedes, streamlines, and consolidates eight existing OMB C
--->irculars, including OMB Circular A-133.
a{ €}{ œ}Our Single Audit tool reduces the complexity of implementing the 2015 Compliance Supplement, help
--->ing audit professionals feel more confident that they are accurately implementing the new rules during this period of
--->transition while also reducing the amount of time it takes to comply with the guidance,a{ €}{: } said Stev
--->e Holland, an executive editor with the Tax & Accounting business of Thomson Reuters. a{ €}{ œ}It incorpor
--->ates the administrative requirements and cost principles for both the previous guidelines and the new Uniform Guidance
--->.a{ €}{: }
This edition of PPC's SMART Practice Aidsa{ €}"Single Audit <http://store.tax.thomsonreuters.com/accounting/Audi
--->t-and-Accounting/PPCs-SMART-Practice-Aids-Single-Audit/p/100201706/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm
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--->ackId=5c85595d993346ba9110d5429ce29719> provides updated content based on the 2015 Compliance Supplement, which is eff
--->ective for audits of fiscal years beginning after June 30, 2014 (years ending June 30, 2015 or later). It also incorpo
--->rates the audit requirements in OMB Circular A-133, for audits of fiscal years ending before December 26, 2015.
A future release of PPC's SMART Practice Aidsa{ €}"Single Audit <http://store.tax.thomsonreuters.com/accounting/
--->Audit-and-Accounting/PPCs-SMART-Practice-Aids-Single-Audit/p/100201706/?utm_source=PR&utm_content=PR.SMART-singleaudit
--->&utm_campaign=SMART&utm_medium=pressrelease&elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&e
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--->udit requirements in the Uniform Guidance, which is effective for audits beginning on or after December 26, 2014 (year
--->s ending December 31, 2015 or later).
PPC's SMART Practice Aidsa{ €}"Single Audit <http://store.tax.thomsonreuters.com/accounting/Audit-and-Accounting
--->/PPCs-SMART-Practice-Aids-Single-Audit/p/100201706/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&
--->utm_medium=pressrelease&elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=999c3f5526
--->844eb996b26a3e7e54c056> is part of the patented and widely-used SMART Audit Suite <https://tax.thomsonreuters.com/prod
--->ucts/brands/checkpoint/PPC/?utm_source=PR&utm_medium=pressrelease&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&
--->elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=a7b51ce933394e54b3047836002a7897>,
---> which recently earned a CPA Practice Advisor 2015 Readersa{ €}{ ™} Choice Award in the Audit Engagement T
--->ools category. It can be used separately or with other modules in the SMART Audit Suite.
For more information on Thomson Reuters Checkpoint SMART Practice Aids, visit https://tax.thomsonreuters.com/products/
--->brands/checkpoint/PPC <https://tax.thomsonreuters.com/products/brands/checkpoint/ppc?utm_source=PR&utm_medium=PressRel
--->ease&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid
--->=78&elqat=1&elqTrackId=b7653b9c978f44a39c062569e2ecfe20>.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine
--->industry expertise with innovative technology to deliver critical information to leading decision makers in the financ
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Click here to view the online version of this release <http://thomsonreuters.com/content/thomsonreuters/en/press-relea
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<h1 class="tmpl-headline">Thomson Reuters Checkpoint Releases Updated Single Audit Solution</h1>
<p class="tmpl-subhead">
<p class="tmpl-date">09/01/15</p>
<div class="tmpl-body"><p><b>NEW YORK -</b> Updates to <a href="https://tax.thomsonreuters.com/products/brands/ch
--->eckpoint/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&utm_medium=pressrelease&elq=db
--->8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=0cbc46ffa7b9452da0349f621f65ab22">Thomso
--->n Reuters Checkpoint</a> provide customers with a single audit tool for the first time that complies fully with the Of
--->fice of Management and Budget's (OMB) recently released <i>2015 Compliance Supplement.</i> Specifically, this edition
--->of <a href="http://store.tax.thomsonreuters.com/accounting/Audit-and-Accounting/PPCs-SMART-Practice-Aids-Single-Audit/
--->p/100201706/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&utm_medium=pressrelease&elq
--->=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=4489732ca5454ff980339e92dcf3a574">PPC
--->'s SMART Practice Aids-Single Audit</a> simplifies the new administrative requirements and cost principles for both OM
--->B Circular A-133 audits and Uniform Guidance audits.</p>
<p>In December 2013, the OMB issued its <i>Uniform Administrative Requirements, Cost Principles, and Audit Requirement
--->s for Federal Awards</i> (Uniform Guidance). The Uniform Guidance supersedes, streamlines, and consolidates eight exis
--->ting OMB Circulars, including OMB Circular A-133.</p>
<p>"Our Single Audit tool reduces the complexity of implementing the 2015 Compliance Supplement, helping audit profess
--->ionals feel more confident that they are accurately implementing the new rules during this period of transition while
--->also reducing the amount of time it takes to comply with the guidance," said Steve Holland, an executive editor with t
--->he Tax & Accounting business of Thomson Reuters. "It incorporates the administrative requirements and cost princip
--->les for both the previous guidelines and the new Uniform Guidance."</p>
<p>This edition of <a href="http://store.tax.thomsonreuters.com/accounting/Audit-and-Accounting/PPCs-SMART-Practice-Ai
--->ds-Single-Audit/p/100201706/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&utm_medium=
--->pressrelease&elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=5c85595d993346ba9110d
--->5429ce29719">PPC's SMART Practice Aids-Single Audit</a><i> </i>provides<i> </i>updated content based on the <i>2015 Co
--->mpliance Supplement</i>, which is effective for audits of fiscal years beginning after June 30, 2014 (years ending Jun
--->e 30, 2015 or later). It also incorporates the audit requirements in OMB Circular A-133, for audits of fiscal years en
--->ding before December 26, 2015.</p>
<p>A future release of <a href="http://store.tax.thomsonreuters.com/accounting/Audit-and-Accounting/PPCs-SMART-Practic
--->e-Aids-Single-Audit/p/100201706/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&utm_med
--->ium=pressrelease&elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=91dfd43d496643939
--->2e97e065b02499c">PPC's SMART Practice Aids-Single Audit</a> will include updated content, logic, and forms for audits
--->subject to the audit requirements in the Uniform Guidance, which is effective for audits beginning on or after Decembe
--->r 26, 2014 (years ending December 31, 2015 or later).</p>
<p><a href="http://store.tax.thomsonreuters.com/accounting/Audit-and-Accounting/PPCs-SMART-Practice-Aids-Single-Audit/
--->p/100201706/?utm_source=PR&utm_content=PR.SMART-singleaudit&utm_campaign=SMART&utm_medium=pressrelease&elq
--->=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=999c3f5526844eb996b26a3e7e54c056">PPC
--->'s SMART Practice Aids-Single Audit</a> is part of the patented and widely-used <a href="https://tax.thomsonreuters.co
--->m/products/brands/checkpoint/PPC/?utm_source=PR&utm_medium=pressrelease&utm_content=PR.SMART-singleaudit&u
--->tm_campaign=SMART&elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=a7b51ce933394e54
--->b3047836002a7897">SMART Audit Suite</a>, which recently earned a <i>CPA Practice Advisor</i> 2015 Readers' Choice Awar
--->d in the Audit Engagement Tools category. It can be used separately or with other modules in the SMART Audit Suite.</p
--->>
<p>For more information on Thomson Reuters Checkpoint SMART Practice Aids, visit <a href="https://tax.thomsonreuters.c
--->om/products/brands/checkpoint/ppc?utm_source=PR&utm_medium=PressRelease&utm_content=PR.SMART-singleaudit&u
--->tm_campaign=SMART&elq=db8ed9ee828c4ee690798c6d99b8bf7d&elqCampaignId=942&elqaid=78&elqat=1&elqTrackId=b7653b9c978f44a3
--->9c062569e2ecfe20">https://tax.thomsonreuters.com/products/brands/checkpoint/PPC</a>.</p>
<p><b><br>
Thomson Reuters<br>
</b>Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We comb
--->ine industry expertise with innovative technology to deliver critical information to leading decision makers in the fi
--->nancial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world
--->'s most trusted news organization. For more information, go to <a href="/content/thomsonreuters/en.html?elq=db8ed9ee82
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