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Single Audit

Add federal awards to a Single Audit engagement

When planning Single Audits in Guided Assurance, you can enter Federal Award information at either the Program level or the Individual Grant level. Awards you add will automatically be in the Identify Major Programs section.
Do the following to add an award:
  1. Open your Single Audit engagement and go to the
    Workpapers
     tab.
  2. Expand the
    Single Audit
     folder and open
    CX-1.5: Single Audit and Major Program Determination worksheet
    .
  3. Select
    Add
     in the Federal Awards section.
  4. Select a government program from the dropdown. Based on your selection, some fields will populate automatically.
    • Select
      Add an unlisted program
       to add a new entry to this listing.
  5. Select a date for the last year this program was audited as a major program. Leave blank if never or unknown.
  6. Mark the
    Loan or Loan Guarantee Program
     checkbox, if applicable.
  7. Mark the
    Research and Development Award
     checkbox, if applicable.
  8. Mark the
    The auditee passes funds through to a subrecipient for this program (is a pass-through entity)
     checkbox, if applicable.
  9. Select
    Next
    .
  10. Select either
    Direct
     or
    Indirect
     from the dropdown and complete the monetary fields.
  11. Select
    Add Row
     to enter indirect awards from multiple pass-through entities.
  12. Select
    Done
     or
    Save and add another
    .
The criteria for mandating a single audit are total awards expended equaling or exceeding $750,000.

This article applies to:

  • PRODUCT: Guided Assurance

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