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Get the free S A P FOLLOWING A BUDGET - Thrivent Financial

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Strategies & A activities P reparation Following a Budget Make a Commitment to Follow a Budget 1. Set a Goal The more specific you can be when setting a goal, the more likely you are to reach it.
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SAP following stands for Single Audit Package following.
Entities that receive federal funding and expend over $750,000 in a fiscal year are required to file SAP following.
SAP following must be filled out in accordance with the guidelines provided by the Federal Audit Clearinghouse.
The purpose of SAP following is to ensure compliance with federal regulations and to provide transparency in the use of federal funds.
SAP following must include financial statements, schedule of expenditures of federal awards, findings and questioned costs, and a summary schedule of prior audit findings.
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