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AUDIT REPORT FINANCIAL AND FEDERAL AWARD COMPLIANCE EXAMINATION FOR THE YEAR ENDED JUNE 30, 2016NATIONAL MARINE SANCTUARY FOUNDATIONCONTENTSPAGE NO. I.II.III. Financial Section Financial Statements

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Federal compliance reporting is the process of submitting required information to federal agencies to ensure adherence to various regulations and laws.

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Certain individuals, organizations, and businesses are required to file federal compliance reporting based on specific regulations and laws.

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The purpose of federal compliance reporting is to monitor and enforce compliance with laws and regulations, track data for analysis, and ensure transparency.

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The specific information required to be reported on federal compliance reporting depends on the regulation or law being addressed, but commonly includes financial, operational, and compliance data.

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