Unprecedented federal relief expenditures of the Coronavirus State and Local Fiscal Recovery Funds left many small governments in need of single audits for the first time. New tools offered by the ...

The American Institute of CPAs has released an analysis of single audits and found several factors contribute to audit quality, indicating why some firms are having problems doing the audits.

The release of the Office of Management and Budget’s (OMB’s) Compliance Supplement addendum for single audits right before Christmas gave practitioners long-awaited guidance for these specialized ...

A great many nonprofit organizations that received stimulus funding from the federal government during the pandemic are now finding themselves facing unexpected audit requirements. Processing Content ...

The Health Resources & Services Administration (“HRSA”) has issued guidance reminding providers that if they receive and spend a certain level of federal funds, the provider must comply with federal ...

The University of Wyoming’s annual external financial audit and single audit for the 2023 fiscal year have been approved by UW’s Board of Trustees. The unmodified opinion by the FORVIS accounting firm ...

A new report from Mississippi State Auditor Shad White shows hundreds of millions of dollars of federal stimulus funds were misspent in the state, and the auditor's office is hearing similar stories ...

As part of our Annual Single Audit, the University of Colorado Boulder is currently undergoing an external audit of our research and development (R&D) expenses and compliance. This process began in ...