2016 maze live changes in grant management and how to prepare for the single audit
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Uniform GuidanceNew Single Audit ThresholdGrant Agreement DatesType A/B Threshold2016 Compliance SupplementInternal ControlIndirect CostsSubrecipient Monitoring DocumentationCompensation/salary
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Procurement StandardSchedule of Expenditures of Federal Awards (SEFA) – auditee
responsibilitiesAddressing findings – auditee responsibilities - both current and
prior yearData Collection FormState Controller’s Office Reporting Package
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Web-link: Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards at 2 CFR 200 (UG or Uniform Guidance)
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Tip: As an auditee, utilize this document to obtain a goal of an unqualified report with no findings on compliance.
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SOURCE: HTTP://WWW.ECFR.GOV/ AND SEARCH TITLE 2 CHAPTER II PART 200PDF VERSION: HTTP://WWW.GPO.GOV/FDSYS/PKG/FR-2013-12-26/PDF/2013-30465.PDF
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FISCAL YEAR ENDING JUNE 30, 2016 (Calendar Year End December 31, 2015)
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Schedule of Expenditures of Federal Awards (SEFA)
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Federal Grantor/Pass Through Grantor/Program Title
Federal CFDA
Number
Pass Through Entity
Identifying Number
Federal Expenditures
Expenditures to
SubrecipientsDepartment of Education DirectProgram – Title I Grants to Local Educational Agencies 84.010 N/A $1,000,000 $800,000
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Internal Controls – a process implemented by a non-Federal entity, designed to
provide reasonable assurance regarding the achievement of objectives in the
following (2 CFR Section 200.61):
a) Effectiveness and efficiency of operations
b) Reliability of reporting for internal and external use; and
c) Compliance with applicable law and regulations
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(Tip – use this as checklist)
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Indirect cost rate for the federal award, including if de minimis rate is charged
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https://www.acquisition.gov/sites/default/files/current/far/html/Subpart%202_1.html
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