Category Archives: Single Audits

Can the 2019 Compliance Supplement Really Come Out in January?

Now that 2018 is almost half over, why not turn our attention to 2019? Perhaps one of the most eye-opening statements we heard at this week’s American Institute of Certified Public Accountants’ annual Not-for-Profit Conference at National Harbor, Md., occurred…

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Sneak Preview: Colo. Agency Develops New Cost Allocation Method

(The following was excerpted from a recent article in the Single Audit Information Service.) Officials with Connect for Health Colorado (CHC) recently stated they now have developed a cost allocation methodology for its health insurance eligibility determination system that is…

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Time Again for the AICPA Not-for-Profit Conference

As we approach the beginning of summer, we look forward not only to the warming temperatures, but also to getting out and meeting folks in the grants and audit community at the American Institute of Certified Public Accountants’ annual Not-for-Profit…

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Sneak Preview: RUS Updates Audit Rules for Borrowers, Grantees

(The following was excerpted from a recent article in the Single Audit Information Service.) The U.S. Department of Agriculture Rural Utilities Service (RUS) is amending its audit regulations so that they apply to both grantees and borrowers participating in its…

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Time for the Fireworks! OMB Issues 2018 Compliance Supplement

Chalk this under the “Ask and ye shall receive” department! Last week, we were posting snails as we waited for the Office of Management and Budget (OMB) to issue the 2018 2 C.F.R. Part 200, Appendix XI Compliance Supplement. Here…

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Sneak Preview: Mass. Auditor Requests Drug Service Modifications

(The following was excerpted from a recent article in the Single Audit Information Service.) The Massachusetts Office of State Auditor (OSA) made numerous recommendations in a recent audit aimed at helping MassHealth, which oversees the state’s Medicaid program, address its…

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The Snail Makes His Debut as We Await the 2018 Compliance Supplement

After observing the worms and slugs winding their way across the damp pavement following the rain storms that have recently rumbled through the nation’s capital after a mostly dry month, it brought to mind that we’re now entering the latter…

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Sneak Preview: Site Visit Preparation Can Improve Audit Process

(The following was excerpted from a recent article in the Single Audit Information Service.) Nonfederal entities awaiting a site visit from an auditor should make numerous preparations prior to the visit to encourage better outcomes for all parties involved, an…

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Sneak Preview: FNS Urged To Improve Monitoring Documentation

(The following was excerpted from a recent article in the Single Audit Information Service.) The U.S. Department of Agriculture (USDA) Food and Nutrition Service (FNS) plans by March 2019 to fully update its Summer Food Service Program (SFSP) guidance to…

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GAO Plans To Issue Revised Yellow Book This Summer

For all those auditors and auditees out there who have waited seven years for the next revision of the Government Auditing Standards (GAGAS), also known as the Yellow Book, the wait may be over in the next couple of months….

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