Each year, the Federal Government provides over $400 billion in grants to State, local and tribal governments, colleges, universities and other non-profit organizations (non-Federal entities). The Single Audit Act of 1984 (with amendment in 1996) and OMB Uniform Guidance Subpart F ("Cost Principles, Audit, and Administrative Requirements for Federl Awards") provide audit requirements for ensuring that these funds are expended properly.
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, OMB Uniform Guidance Subpart F, and Government Auditing Standards.
A single audit is intended to provide a cost-effective audit for non-Federal entities in that one audit is conducted in lieu of multiple audits of individual programs.
Click to view any of the Single Audit reports listed below: