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A document used by institutions to confirm their compliance with the A-133 audit requirements related to federal funds received from Brown University.
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How to fill out a-133 compliance confirmation form
How to fill out A-133 Compliance Confirmation Form
01
Gather necessary financial documents and reports.
02
Review the requirements of the A-133 Compliance Confirmation Form.
03
Complete the identification section with the entity's details.
04
Fill out the compliance sections, ensuring accuracy with the financial statements.
05
Attach any required supporting documentation.
06
Review the form for completeness and accuracy.
07
Submit the form to the appropriate authority.
Who needs A-133 Compliance Confirmation Form?
01
Organizations that receive federal funding.
02
Entities that are required to conduct a Single Audit under the A-133 guidelines.
03
Nonprofit and governmental organizations that meet certain thresholds.
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People Also Ask about
What is an A133 audit report?
Single Audit, previously known as the OMB Circular A-133 audit, is an organization-wide financial statement and federal awards' audit of a non-federal entity that expends $750,000 or more in federal funds in one year.
What triggers an A-133 audit?
A Single Audit must be completed on all recipients who receive $750,000 or more in federal funds in the recipient's fiscal year. Audits must be performed in ance with GAGAS (Generally Accepted Governmental Auditing Standards) by an independent auditor.
What is an A133?
The OMB A-133 Compliance Supplement is a large and extensive United States federal government guide created by the Office of Management and Budget (OMB) and used in auditing federal assistance and federal grant programs, as well as their respective recipients.
What is an A133 audit report?
Single Audit, previously known as the OMB Circular A-133 audit, is an organization-wide financial statement and federal awards' audit of a non-federal entity that expends $750,000 or more in federal funds in one year.
What is the a-133 requirement?
A Single Audit must be completed on all recipients who receive $750,000 or more in federal funds in the recipient's fiscal year. Audits must be performed in ance with GAGAS (Generally Accepted Governmental Auditing Standards) by an independent auditor.
Is OMB Circular A-133 still in effect?
On December 26, 2013, OMB Circular A-133 was superseded by the issuance of 2 CFR part 200, subpart F.
What is an A133?
The OMB A-133 Compliance Supplement is a large and extensive United States federal government guide created by the Office of Management and Budget (OMB) and used in auditing federal assistance and federal grant programs, as well as their respective recipients.
What are the requirements for a-133?
All non-federal entities that expend $750,000 or more of federal awards in a year are required to obtain an annual audit in ance with 2 CFR Part 200-Uniform Administrative Requirements, Cost Principles and Audit Requirements for federal Awards.
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What is A-133 Compliance Confirmation Form?
The A-133 Compliance Confirmation Form is a document that ensures compliance with federal regulations regarding audit requirements for non-profit organizations and governmental entities that receive federal funding.
Who is required to file A-133 Compliance Confirmation Form?
Any non-profit organization or governmental entity that expends $750,000 or more in federal funds during a fiscal year is required to file the A-133 Compliance Confirmation Form.
How to fill out A-133 Compliance Confirmation Form?
To fill out the A-133 Compliance Confirmation Form, the entity must gather all relevant financial data, ensure compliance with federal regulations, complete all sections of the form accurately, and submit it to the appropriate federal oversight agency.
What is the purpose of A-133 Compliance Confirmation Form?
The purpose of the A-133 Compliance Confirmation Form is to provide a standardized way to report compliance with federal requirements, ensuring that entities receiving federal funds are properly audited and accountable for their use of those funds.
What information must be reported on A-133 Compliance Confirmation Form?
The A-133 Compliance Confirmation Form requires information such as the entity's financial statements, the auditor's report, compliance with applicable laws and regulations, and any findings or issues identified during the audit.
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