Single Audit Reports
A single audit is a financial and compliance audit of recipients of Federal funds, such as States, local governments, universities, and non-profit organizations. A single audit is generally conducted by an independent certified public accountant or State auditor and is intended to assess whether the recipient spends Federal funds properly. The Department is required to assess the quality of recipients' single audit reports, issue management decisions on single audit recommendations, and ensure that grantees take appropriate and timely corrective actions.
DOC OIG conducts quality control reviews of selected single audit reports that are conducted by non-Federal auditors (generally, independent certified public accountants) to determine whether (1) audits comply with Federal requirements (such as the Single Audit Act, as amended, and the Uniform Grant Guidance) and (2) if there are quality deficiencies in the non-Federal auditors' work that require correction and/or affect the reliability of audit results. Non-Federal auditors can receive a rating of pass, pass with deficiency(ies), or fail.