Grants Management Single Audit
Single Audit is a required audit and completed annually for all LEAs and entities that expend $750,000 or more in federal funds. Entities hire an independent Certified Public Accountant (CPA) to examine financial records, financial statements, federal award transactions and expenditures, management of operations, internal control systems and federal assistance it received during the audit period. The objective is to ensure funds were spent in accordance with the federal guidelines. The Single Audit must be completed within nine months after the close of the fiscal year and be submitted within those nine months or 30-days after the receipt of the Single Audit by the independent CPA, whichever is first.
Please Note: Single Audit Reporting Packages are only accepted in electronic format and should be uploaded to the Single Audit section under Monitoring Instruments in Grants Management Enterprise (GME).
Single Audit Frequently Asked Questions
For additional guidance, please refer to:
- General Grants Fiscal Monitoring FAQs for futher information on general fiscal monitoring processes
- Frequently Asked Questions for further instruction on grant processes
- Training Resources for technical instructions on using the GME system
The Single Audit Act Amendments of 1996, under the guidelines of 2 CFR §200 Subpart F, Single Audit Requirements, stipulate that all subrecipients must contract for a Single Audit if the subrecipient expended $750,000 or more in federal awards in any fiscal year, regardless of which federal agency provided the federal funds.
The audit must be completed as described under 2 CFR §200 Subpart F.
The Single Audit Act Amendments of 1996, under the guidelines of 2 CFR §200 Subpart F, Single Audit Requirements stipulate that all subrecipients must contract for a Single Audit if the subrecipient expended $750,000 or more in federal awards in any fiscal year, regardless of which federal agency provided the federal funds. The Single Audit packet is due to ADE within thirty (30) days of receiving the audit report or nine months after the end of the auditee’s fiscal year end unless a longer period has been agreed to in advance.
Single Audit Reporting Packages are only accepted in electronic format and should be uploaded to the Single Audit section under Monitoring Instruments in Grants Management Enterprise (GME).
For more information on Single Audit, click here.
