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Dec 2, 2013 ... National Guard Military Operations and Maintenance (O&M) Projects ...... 90-DD- 0712 (120795) ...... Per WPM 1250(2)(b), supportive.
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What is single audit?
Single audit, also known as the OMB Uniform Guidance audit, is an audit of a non-profit organization that expends over $750,000 in federal funds in a single fiscal year.
Who is required to file single audit?
Non-profit organizations that receive federal funding and expend over $750,000 in a single fiscal year are required to file a single audit.
How to fill out single audit?
Non-profit organizations can fill out the single audit by following the guidelines outlined in the OMB Uniform Guidance and working with a certified public accountant.
What is the purpose of single audit?
The purpose of the single audit is to ensure that non-profit organizations are using federal funds in accordance with federal regulations and guidelines.
What information must be reported on single audit?
The single audit must include information on the organization's financial statements, internal controls, compliance with federal regulations, and the schedule of federal awards.
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