Home State and Local Single Audits - OMB A-133 Single Audit Requirement

Single Audit Requirement

The Single Audit Act and Office of Management and Budget (OMB) Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations, requires entities that expend equal to or in excess of $500,000 in federal awards in a fiscal year to have an audit performed in accordance with the Single Audit Act.

1. If the entity expends less than $500,000 in federal awards, it is required to submit written notification of its exempt status to the SCO.
2. If the entity expends equal to or in excess of $500,000 in federal awards and that amount does not include any state pass-through funds, the entity must submit either the audit report or an explanation letter to the SCO. If the entity is currently being monitored by the SCO, a “No Review Letter” will be issued to the entity in return.
3. If the entity expends equal to or in excess of $500,000 in federal awards and that amount includes any state pass-through funds, then the SCO requires a complete single audit reporting package to be submitted for review. Reporting packages are reviewed on a first-in, first-out basis.

The single audit reporting package is a collection of several documents. For a summary of the required report parts, see the Reporting Package link of the Submissions section.