What Single Audit report information will be displayed on Recovery.gov, as required by Section 1526 of the Recovery Act that requires the public display of audit findings?
Recovery.gov will provide a link to the Federal Audit Clearinghouse (FAC), the Single Audit submission portal for all Federal financial assistance recipients, including those with Recovery Act awards. Currently, the FAC displays data submitted by Federal award recipients in the Form SF-SAC reporting document. All recipients of Recovery Act awards are required to identify Recovery Act funds separately in the Form SF-SAC. For Single Audits for fiscal years ending on or after September 30, 2009, the FAC will create and make public a report of audit findings associated with Recovery Act awards. The report will present data currently available in the FAC for non-Recovery Federal financial assistance but in a different format.
Related Questions
- What Single Audit report information will be displayed on Recovery.gov, as required by Section 1526 of the Recovery Act that requires the public display of audit findings?
- Is the recovery plan part of the Services’ other regulatory activities, such as section 7 consultations with Federal agencies?
- What is the definition of formal audit report?
