2017 Single Audit Compliance Supplement Released
August 14, 2017
The 2017 Single Audit Compliance Supplement was released in August. There is essentially not a difference from the draft version released in April, although it does include a reference to the Frequently Asked Questions document OMB released.
The Supplement drives the fieldwork and reporting that your auditors will conduct during your tribe’s next audit. Knowing what those are and how to be ready for them at your tribe will be beneficial.The Supplement is a reference resource for single audits performed on federal grants for periods beginning after June 30, 2016. A comprehensive list of changes can be found in Appendix V.