Professional Single Audit Services
Our single audit services are designed for organizations that receive federal funding and must comply with the Uniform Guidance (2 CFR Part 200). We conduct comprehensive audits that examine both financial statements and federal award compliance, providing assurance to federal agencies and other stakeholders that funds are being used appropriately and in accordance with grant requirements.
What We Deliver
Our single audit services provide:
- Financial Statement Audit: Independent examination of financial statements in accordance with GAAS
- Federal Award Testing: Compliance testing of major federal programs and internal controls
- Uniform Guidance Compliance: Verification of adherence to 2 CFR Part 200 requirements
- Internal Control Assessment: Evaluation of controls over federal awards and financial reporting
- Compliance Reporting: Preparation of required schedules and compliance reports
- Corrective Action Support: Guidance on addressing audit findings and implementing improvements
Single Audit Requirements
Organizations must undergo a single audit when they expend $750,000 or more in federal awards during their fiscal year:
Threshold Determination
Assessment of federal award expenditures to determine if single audit is required.
Major Program Identification
Identification and risk assessment of major federal programs for testing.
Compliance Testing
Testing of compliance requirements for major programs and internal controls.
Reporting Requirements
Preparation of Data Collection Form and required compliance reports.
Ensure Federal Compliance
Meet your federal funding requirements with our comprehensive single audit services.
Schedule Single Audit