Sneak Preview: Data Collection Form Process Changes Coming

September 11, 2014 | By Jerry Ashworth | Post a Comment

xsass_bookshot(The following was excerpted from an article in the Single Audit Information Service.) Auditees and auditors preparing the Data Collection Form to submit with a single audit reporting package to the Federal Audit Clearinghouse should be aware of process changes expected for the next revision of the form that are aimed at conforming with the uniform grant guidance.

The Data Collection Form (SF-SAC) was last updated in 2013 and is currently effective for fiscal years 2013, 2014 and 2015. However, due to changes required under the Office of Management and Budget’s uniform grant guidance, the Federal Audit Clearinghouse is expected to revise the SF-SAC later this year or sometime next year.

The Federal Audit Clearinghouse, seeking to encourage the accurate and timely collection of fiscal year 2013 audit submissions, will begin accepting single audit submissions for audits with fiscal year end dates in 2014 on Oct. 20. OMB granted an extension until Nov. 30 for any 2014 forms due on or before Nov. 30. The extension is automatic, and there is no approval required. Single audit submissions with a Dec. 31, 2013, fiscal year end date are due no later than Sept. 30. These audits will follow the prior OMB circulars.

In addition, starting on Jan. 2, 2015, all fiscal year 2014 (and later) audits and SF-SAC submissions must include a standard audit finding reference number format. These audits are planned to follow the uniform grant guidance.

Because the uniform grant guidance requires that auditees and auditors must ensure that the SF-SAC and the reporting package do not include protected personally identifiable information (PPII)(§§200.82, 200.512(b)(1)), the next version of the SF-SAC may include a personally identifiable information certification for the auditee to sign verifying that the report does not contain PPII, Mary Foelster, director of governmental accounting and auditing for the American Institute of Certified Public Accountants told attendees recently at the AICPA National Governmental Accounting and Auditing Update EAST conference.


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