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Subrecipient Single Audit Responsibilities Resource

As required by 2 C.F.R. § 200.501(a), non federal entities expending $1,000,000 or more in federal awards during the non-federal entity’s fiscal year, are required to have a single or program-specific audit. The completed audit must be submitted to the Federal Audit Clearinghouse, within 30 calendar days after receipt of the auditor’s report(s), or nine months after the end of the audit report period (2 C.F.R. § 512 (a)(1), Subpart F – Report Submission), whichever is earlier.

Entity (auditee) responsibilities under the Single Audit include:

  • Arrange and prepare for Single Audit in accordance with §200.509
  • Prepare Financial Statements
  • Prepare Schedule of Expenditures of Federal Awards (SEFA)
  • Provide auditor with access
  • Debrief with auditor to ensure accuracy of findings
  • Follow-up and take corrective action on findings
  • Prepare summary schedule of prior audit findings
  • Prepare corrective action plan if needed

Upon completion of the Single Audit, the following documents must be prepared by the non-federal entity and submitted to the Federal Audit Clearinghouse: 

  • Data Collection Form (Form SF-SAC)
    • Summary of audit and audit findings
    • Lists federal programs audited
  • Reporting Package includes:
    • All final reports
    • Recipient’s financial statements
    • Schedule of Expenditures of Federal Awards (SEFA)
    • Schedule of Findings and Questioned Costs
    • Schedule of prior audit findings
    • Any pertinent supplemental information