§ 1000.2035. Is there an exemption available for the requirement to submit Single Audit Act reports?
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/us/cfr/t25/s§ 1000.2035·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Yes. In accordance with 2 CFR 200.501(d), a non-Federal entity that expends less than the amount as published by OMB during the entity's fiscal year in Federal awards is exempt from submitting an annual single audit report for that year.
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§ 1000.2035
Is there an exemption available for the requirement to submit Single Audit Act reports?
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