A single audit goes a step further than the standard financial audit. This requires that you are in compliance with the programs that gave you the funding.
Each grant your organization received comes with guidelines that must be followed and a single audit makes sure the funding is handled accordingly.
If your organization uses more than $750,000 in federal grants and awards in a fiscal year, you will need a single audit.
Single Audit Pros
We have many years of experience working with non-profits and single audits. We can help you get organized and address compliance requirements easily.