Single Audit Basics

Does your organization receive federal funding? You may likely be required to have a single audit in the coming years, and it’s crucial to become familiar with the criteria, requirements, and best practices for preparing for your audit.
We will walk you through:
The conditions that trigger a single audit requirement
The importance of an accurately prepared schedule of expenditures of federal awards
How to prepare for your single audit including links to important resources and guidance on how the resources can help
Best practices including an overview of the 12 compliance requirements and required policies and reporting.

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