Funding and Disbursements

Single Audit Act A-133

A single audit is an organization-wide audit that includes both the entity's financial statements as well as its federal awards. Effective January 2004, The Office of Management and Budget Circular No. A-133, Audits of States, Local Governments, and Non-Profit Organizations, requires entities that expend $500,000 or more a year in federal awards to have a single or program-specific audit conducted. For additional information, see the links provided below.

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