Digestible summaries and insights from accepted federal single audits, curated by the FAC Explorer team.
This week's federal audits reveal a dramatic rise in findings related to School Nutrition Programs and HUD Housing Programs, with a notable 98% increase in compliance issues. Major entities like Idaho Housing and Finance Association are under scrutiny as corrective action plans unfold.
This week’s federal audits reveal a striking 177% increase in School Nutrition Program findings, alongside significant jumps in Cash Management and Student Financial Aid issues. Organizations are responding with corrective action plans to address these challenges.
This week's audit data reveals a significant spike in material weaknesses and eligibility findings, raising concerns for organizations managing federal funds. With 560 audits published, compliance issues are on the rise, particularly in key states like Massachusetts and New York.
This week's federal audits reveal a staggering 256% increase in findings related to School Nutrition Programs, alongside a 176% rise in HUD Housing Program issues. With significant implications for compliance, organizations must take note.
This week's audit findings reveal a significant uptick in questioned costs and material weaknesses, highlighting compliance challenges for grant-funded organizations. Key organizations, including Grand Canyon University and the Navajo Nation, face scrutiny amidst rising audit anomalies.
This week’s federal single audit summary reveals significant trends, including a high incidence of material weaknesses across various organizations. With a focus on corrective action plans, we provide insights into how organizations are addressing audit findings and improving compliance.
Explore the findings and implications of the 2024 federal single audit for Solidaridad North America, highlighting key risks and auditor performance.
This week's audit summary reveals significant trends in compliance issues, with a focus on material weaknesses. Organizations can learn from notable findings and implement corrective action plans to enhance their audit readiness.
How to make the finding go away. A template for success based on successful CAPs.
Demystifying the severity levels. What's the difference and why does it matter?
A deep dive into Procurement findings. Are you checking SAM.gov before you sign that contract?
If you bought it with federal funds, you need to track it. Equipment management is a top source of findings.
Finding Code 'N' is the second most common finding. Don't let special requirements catch you off guard.
Reporting is the most frequent finding category. Learn how to avoid the most common trap in federal compliance.
For local governments, state auditors are a major force. Understanding the difference in approach is key.
Which auditors are most likely to find a Material Weakness? We look at the data to see who has the sharpest eyes.
An analysis of the market leaders in Single Audits. Who handles the most volume and what that means for your organization.
This week's audit summary reveals a significant number of findings across federal audits, emphasizing the importance of compliance for grant-funded organizations. This post highlights trends, notable states, and corrective action plans to aid organizations in preparing for audits.
This week's federal audit releases reveal a shocking 429 material weaknesses, marking a significant compliance challenge across multiple organizations, particularly in Puerto Rico. With no questioned costs reported, the focus shifts to addressing these systemic issues.
A staggering 302 material weaknesses were identified in this week's audit releases, raising concerns about compliance across various organizations. With 370 audits published, the findings spotlight significant internal control issues that organizations must address.