How do I use the DECD Audit Guide as a Supplement to my Federal and/or State Single Audit?
• Include a cumulative statement of program cost for all DECD grant/loan contracts as either a financial statement, supplemental schedule or as a note to the financial statements. The inclusion of this statement will facilitate the financial closeout of the DECD program. • Use the financial statement format outlined in the matrix in Exhibit 4-2, of the Audit guide and • Use the DECD compliance supplement called Housing Administration Fund Programs (not available in the Single Audit Supplements) to test for compliance over the following State Financed Housing Programs that have ongoing compliance requirements: Moderate Rental, Affordable, Elderly, and Congregate Housing (found in Appendix A of the DECD Audit Guide).
