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UFR AUDITORS COMPLIANCE SUPPLEMENTUNDER 808 CMR 1.00 Commonwealth of Massachusetts Executive Office for Administration & Finance Operational Services Division Fiscal Year 2021 Document Number: DPSA029bRevised:
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The wwwmassgovdocufr-auditors-complianceufr auditors compliance supplement is a document that provides guidance for auditors regarding compliance requirements and best practices for financial reporting and audits involving federal funds.
Entities that receive federal funds and require an audit are required to file the wwwmassgovdocufr-auditors-complianceufr auditors compliance supplement. This includes state and local governments, non-profit organizations, and educational institutions.
To fill out the wwwmassgovdocufr-auditors-complianceufr auditors compliance supplement, organizations must complete the sections addressing federal programs, compliance issues, and any audit findings, following the outlined instructions provided in the supplement.
The purpose of the wwwmassgovdocufr-auditors-complianceufr auditors compliance supplement is to ensure that auditors have a clear understanding of compliance requirements related to federal funding, thus promoting accountability and transparency in the use of federal funds.
Information that must be reported includes the identification of federal programs, compliance with applicable laws and regulations, audit findings, and corrective actions taken or planned by the organization.
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