Category Archives: Single Audits

Sneak Preview: ACF Is Working To Improve Its Responses to Audits

(The following was excerpted from a recent article in the Single Audit Information Service.) The Department of Health and Human Services (HHS) Administration for Children and Families (ACF), responding to recommendations in a recent HHS Office of Inspector General (OIG)…

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Sneak Preview: CMS To Conduct Medicaid Audits To Boost Integrity

(The following was excerpted from a recent article in the Single Audit Information Service.) To ensure that states are establishing appropriate reimbursement rates and claiming accurate federal matching funds under the Medicaid program, the Department of Health and Human Services…

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GAO Issues 2018 Revision of the Government Auditing Standards

After seven years, the Government Accountability Office (GAO) yesterday issued a new revision of the Government Auditing Standards, also known as the “Yellow Book,” which assists government auditors at the federal, state and local levels produce high-quality audits that reflect…

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Sneak Preview: 2018 Yellow Book Will Not Require Review on Waste

(The following was excerpted from a recent article in the Single Audit Information Service.) A partner with KPMG LLP and member of the Government Auditing Standards (GAGAS) advisory council recently explained why a requirement for auditors to assess waste and…

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Sneak Preview: FEMA To Update Public Assistance Pilot Guidance

(The following was excerpted from a recent article in the Single Audit Information Service.) Federal Emergency Management Agency (FEMA) officials plan to update their internal guidance used to validate subrecipient cost estimates for work projects under FEMA’s Public Assistance alternative…

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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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