Federal grants are a vital source of funding to you, and there are many questions around the utilization, tracking, and administration of those funds. In this environment of increased oversight, it’s more important than ever to find qualified auditors who have significant experience with these grants and can ensure the quality of your single audit. Our single audit team can offer both.
According to the AICPA’s Peer Review Program, three factors have a strong correlation to quality performance: the size of the firm’s single audit practice, the qualifications of the engagement partner, and the membership in the AICPA Governmental Audit Quality Center (GAQC). Plante Moran excels in all three.
- We complete more than 600 single audits and audit more than $12 billion in federal expenditures annually.
- We staff single audit teams with experienced partners and specialists who are deeply engrained in federal compliance issues. Our audit reports and workpapers are regularly reviewed by federal oversight agencies and are considered best in class.
- We're a charter member of the GAQC and are able to share advance notice of issues impacting single audits with our clients.
Our single audit team will provide the high-quality guidance and reporting you need to comply with the government’s increased demands for transparency and accountability. Our single audit specialists will review your internal controls to ensure they’re based on the appropriate framework required for compliance and verify you’re collecting all required information for reporting. We’ll validate your organization’s decisions, policies, and procedures concerning federal funds, minimizing the likelihood of unallowable activities or compliance issues.
As you navigate the complexities of your federal funding, we’re here and ready to help.