Does your organization have to comply with a Single Audit? Single Audits are required when a governmental or nonprofit entity expends more than $750,000 of federally allocated funds in their fiscal year. With the influx of both new and expanded federally funded programs over the past few years, the number of single audits has increased significantly. The best tool to ensure you comply with the complex single audit rules is documentation. As federal guidance on the use of federal awards seems to change quickly and constantly, there are now more “gray” areas than ever before. Be sure to document your rationale in evaluating and testing these federal programs. Partner, Brian T. McCall, CPA, CGFM, has published an article on behalf of the Pennsylvania Institute of Certified Public Accountants (PICPA) with some helpful best practices to keep in mind regarding testing and Single Audit compliance.