Audit Reporting Package. The Supplier that is required to have a Single Audit based on 2 CFR Part 200 Subpart F and the State Single Audit Guidelines is required to submit an audit reporting package which includes all of the following:
Audit Reporting Package. A sub-recipient that is required to have a Single Audit based on 2 CFR Part 200 Subpart F and SSAG is required to submit to the Department a reporting package that includes the following: • General-Purpose Financial Statements of the overall agency and a Schedule of Expenditures of Federal and State Awards, including the independent auditor’s opinion on the statements and schedule. • Schedule of Findings and Questioned Costs, Schedule of Prior Audit Findings, Corrective Action Plan and the Management Letter (if issued). • Report on Compliance and a Report on Internal Control over Financial Reporting based on an audit performed in accordance with Government Auditing Standards. • Report on Compliance for each Major Program and a Report on Internal Control over Compliance. • Report on Compliance with Requirements Applicable to the Federal and State Program and a Report on Internal Control over Compliance in Accordance with the Program-Specific Audit Option. • *Settlement of DHS Cost Reimbursement Award. This schedule is required by the Department if the sub-recipient is a non-profit, for-profit, a governmental unit other than a tribe, County Chapter 51 board or school district; if the sub-recipient receives funding directly from the Department; if payment is based on or limited to an actual allowable cost basis; and if the auditee reported expenses or other activity resulting in payments totaling $100,000 or more for all of its grant(s) or contract(s) with the Department. • *Reserve Supplemental Schedule is only required if the sub-recipient is a non-profit and paid on a prospectively set rate. • *Allowable Profit Supplemental Schedule is only required if the sub-recipient is a for-profit entity. • *Additional Supplemental Schedule(s) Required by Funding Agency may be required. Check with the funding agency. *NOTE: These schedules are only required for certain types of entities or specific financial conditions. For sub-recipients that do not meet the federal audit requirements of 2 CFR Part 200 and SSAG, the audit reporting package to the Department shall include all of the above items except for the fourth (4th) and fifth (5th) bullets in this subsection. In limited situations, a sub-recipient may be allowed to have a program audit rather than an agency-wide audit. If applicable, please reference Section 1.3 of the SSAG, and Illustration 1.4 in the DHS Audit Guide to find the audit reporting package requirements for program audits.
Audit Reporting Package. A sub-recipient that is required to have a Single Audit based on 2 CFR Part 200 Subpart F and SSAG is required to submit to the Department a reporting package that includes the following:
