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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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