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Get the free Single Audit Information for Recipients of Recovery Act Funds

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23408Federal Register / Vol. 88, No. 73 / Monday, April 17, 2023 / NoticesWireless Supply Chain Innovation Fund. The NO FO requires award recipients to submit a Baseline Report 45 days after grant
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Who needs single audit information for?

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Organizations that receive federal funding of $750,000 or more in a fiscal year are required to undergo a single audit.
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This includes state and local governments, non-profit organizations, and educational institutions.
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Single audit information is used to report on the use of federal funds by state and local governments and non-profit organizations.
State and local governments and non-profit organizations that receive federal funds are required to file single audit information.
Single audit information can be filled out by following the guidelines provided by the Federal Audit Clearinghouse.
The purpose of single audit information is to ensure that federal funds are being used in accordance with applicable laws and regulations.
Single audit information must include the expenditures of federal funds, internal controls, compliance with laws and regulations, and any findings or questioned costs.
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