Get the free Single Audit ReportOffice of Financial Management - WA.gov
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Washington State Auditors Office
Financial Statements and Federal Single Audit Reportedly of Fern dale
Whatcom County
Audit Period
January 1, 2007, through December 31, 2007,
Report No. 1000203Issue
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How to fill out single audit reportoffice of
How to fill out single audit reportoffice of
01
Gather all necessary financial information and documentation related to the federal financial assistance received.
02
Review the reporting requirements outlined in the Federal Audit Clearinghouse's Compliance Supplement.
03
Complete the Data Collection Form (SF-SAC) with accurate and detailed information.
04
Prepare the required financial statements and footnotes in accordance with Generally Accepted Accounting Principles (GAAP).
05
Conduct internal reviews and assessments to ensure accuracy and completeness of the single audit report.
06
Submit the completed single audit report to the Federal Audit Clearinghouse within the specified deadline.
Who needs single audit reportoffice of?
01
Organizations that receive federal financial assistance exceeding $750,000 in a fiscal year are required to have a single audit reportoffice of.
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What is single audit reportoffice of?
The single audit report is an audit of a non-federal entity's financial statements and federal assistance programs conducted in accordance with the Single Audit Act.
Who is required to file single audit reportoffice of?
Non-federal entities that receive federal funding of $750,000 or more in a fiscal year are required to file a single audit report.
How to fill out single audit reportoffice of?
The single audit report is filled out by the auditors who conduct the audit of the non-federal entity's financial statements and federal assistance programs.
What is the purpose of single audit reportoffice of?
The purpose of the single audit report is to provide assurance to federal agencies and the public that federal funds are being spent appropriately and in compliance with federal regulations.
What information must be reported on single audit reportoffice of?
The single audit report must include the audited financial statements of the non-federal entity, the auditor's report on compliance with laws and regulations, and the schedule of federal financial assistance programs.
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