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I <br />! <br /> <br />An auditors' opinion es to compliance, including disclosure ( <br />si! instances of noncompliance or quest$oned cost$~ If any, four <br />by the auditor. <br /> <br />I . An auditors' report on an <br />I material weaknesses found. <br /> <br />found in Auditing <br /> <br /> interne) contro) which includes ar <br /> <br /> An example of this type of report t <br />Interpretations, Section AU 96~2.18-.2~. <br /> <br />! <br />! <br /> <br />SUBRECIPIENTS <br /> <br />Subrectp~ents which receive any federal assistance are also covert <br /> <br />by the Act and have the same audit threshold as do the primary sial <br />and local governmental recipients. <br /> <br />Each prtmary state ~nd local governmental recipient which provid~ <br />~25~000 or more of federal assistance In any fiscal year to <br />subrectpient shall: <br /> <br />For subgrantees ~hich conduct an audit -- review such audits a <br /> <br />ensure that prompt and appropriate corrective action is taken <br />instances of material noncompliance; or <br /> <br />For subgrantees which do no.__~_t conduct an audit -- determ~ <br />whether expenditures of the federal financial assistance provi~ <br />to the subrecipient a~e in accordance with applicable ]aws ~ <br /> <br /> <br />