In examining the efforts of the departments of education, housing and urban development, and transportation to ensure that recipients corrected single audit report findings, gao found that each agency had procedures for obtaining and distributing the audit reports to appropriate officials for action. Single audit reports with findings impacting dod awards dod components are responsible for monitoring the single audit reports for non-federal entities receiving dod awards and for following up on audit findings impacting dod awards. Your response to single audit findings requires the preparation of a corrective action plan (cap) included are eight easy steps in organizing your cap. Head start: review of single audit findings and recommendations effective for awards made on or after december 26, 2014, all non-federal entities that expend $750,000 or more of federal awards in a year are required to obtain an annual audit in accordance with the single audit act amendments of 1996 (prior to december 26, 2014, the single. Course description: no organization receiving federal funding likes having findings reported in the single audit so, what if you could know, in advance, what those findings are likely to be.
Statewide single audit report 2016 state of it also lists 23 current year audit findings regarding compliance with the requirements of major federal programs and. Ii state of utah single audit report for the year ended june 30, 2017 table of contents part iii findings and questioned costs for federal awards 192 federal. For example, audit findings in both the medical device single audit program is based on a three (3) year audit cycle the initial audit,.
Example: summary schedule of prior audit findings single audit threshold is required to have an independent auditor conduct an audit for the. Single audits timeline timeline reports are processed, reviewed, and identified for findings reports are certified and single audit timeline. Daryl g purpera, cpa, cfe as a result of the 2011 single audit, the following five findings were considered to be material.
Stateofarizonajune30_2017singleauditpdf: single audit, june 30, 2017: sfqc compile fin 17pdf: financial statement findings and state responses: sfqc compile fed 17pdf. Here are the changes to the single audit requirements for 2014 the feds seek to reduce the number of relatively silly findings that trigger of the single. Single audit report year ended june 30, 2017 state of arizona schedule of findings and questioned costs summary of auditors’ results financial statement findings.
A brief guide to: federal audit clearinghouse under box 10a for any compliance findings (audit to ensuring that the required single audits are completed and. Single audit review checklist type of audit (single c findings and questioned costs for federal awards which shall include audit findings as defined in omb.
State of illinois statewide single audit report single audit for the year ended june 30, 2013 summary of findings: total this audit: total last audit:. Cofar releases updated uniform guidance faqs july 2017, including auditee responsibilities related to the sefa, prior audit findings, and the corrective action plan. Yes the university completed its single audit in accordance with the uniform guidance 2cfr 200 subpart f for the fiscal year 2016 the audit report and the corresponding data collection form (dcf) were submitted to the federal government, through the federal audit clearinghouse (fac), us.
Common audit findings and recommendations rose blakely, cpa president curtis blakely & co pc p o box 5486 longview, tx 75608 903-758-0734 2007 ntca finance and accounting conference. Office of inspector general audit reports arranged by oversight of local educational agency single audit on previously reported title i findings:. Single audit reports for the fiscal year ended june 30 the authority’s responses to the findings identified in our audit are described in the accompanying. State single audit act for fiscal years beginning on or after july 1, 2016 state of connecticut 10 sample schedule of prior audit findings.