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A Single Audit (formerly known as OMB Circular A-133) is an organization-wide audit that includes both the entity’s financial statements and schedule of expenditures of federal awards. The U.S. Office of Management and Budget (OMB) issued comprehensive grant reform rules called Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) in December 2013. These rules were effective for new federal awards and changes to funding increments issued after December 26, 2014, and beginning with the fiscal year end, December 31, 2015. A non-federal entity that expends $750,000 or more during their fiscal year in federal awards must have a Single Audit conducted.

News and Information

  • FY18 Audit Certification form in the GATA Grantee Portal - ALL grantees must complete the Certification form before moving on to complete the Consolidated Year End Financial Report (CYEFR) also in the GATA Grantee Portal​​
  • FY17 Single Audit Status Certification in IWAS – ALL entities must complete the information in electronic form and submit to ISBE.
  • How much Federal and State Money have I received from ISBE?PDF Document
  • Auditor Selection §200.509
  • Education Department General Administrative Regulations (EDGAR)
  • CFDA Numbers
  • Due to the updated Uniform Guidance FAQs in July 2017, Single Audit Corrective Action Plans (CAP) MUST BE ON THE AUDITEE’S LETTERHEAD. Please see the COFAR link below. Failure to comply will be considered a discrepancy and a Single Audit Omissions/Corrections letter will be issued, resulting in a delay of the approval of the 2017 Single Audit.
  • School Districts and Joint Agreements: ISBE will not accept  Corrective Action Plans on the AFR Excel Form (50-35), CAP tab. Corrective Action Plans, on auditee letterhead, must be uploaded to the Opinions/Notes 35 tab.

 COFAR Released Updated Uniform Guidance

COFAR releases updated Uniform Guidance FAQs July 2017, including auditee responsibilities related to the SEFA, prior audit findings, and the Corrective Action Plan.

In July 2017, the Council on Financial Assistance Reform (COFAR) released an update to the Frequently Asked Questions document of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). There are 24 new FAQs that were added to the document, along with revisions to four previously released FAQs.

The update includes many new questions related to indirect costs, including many that may be useful to subrecipients receiving awards from pass-through entities.

There is also clarification on the presentation details of the Schedule of Expenditures of Federal Awards (SEFA) and the auditee responsibilities related to the Summary Schedule of Prior Audit Findings and the Corrective Action Plan.

Additional requirements have been set forth requiring auditee Corrective Action Plans to be submitted on auditee letterhead (200.511-1)..

The complete FAQ can be found at Uniform Guidance FAQsPDF Document.

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