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STATE GRANT COMPLIANCE SUPPLEMENT Department of State Table of Contents Grant Programs NJCFS Account Number Program Name Fund Agy Org Appr Program 010080 MLK V-Free Mini Grant 010290 MLK King Grant Program OFBI Post TANF OFBI CommunityDevelopment NJCT InstitutionalFinancial Stabilization Program NJCT CertifiedDonation Endowment Matching Payment NJCT Capital Historic Preservation Various Grants 7a. Dept of State Special Legislative 076540 7b. Spec.

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Activities allowed or unallowed (A) This compliance requirement establishes that each program operates for a specific purpose (such as the care of elderly persons or the education of children), and that funds provided for the program must only be used in activities that benefit that purpose.

A Single Audit includes an audit of both your organization's financial statements and compliance with Federal award requirements for those programs identified as "major programs" (based on application of the risk based approach and criteria outlined in 2 CFR § 200.518 and . 519) for the audit.

The Compliance Supplement is based on the requirements of the 1996 Single Audit Act Amendments and 2 CFR part 200, subpart F, which provide for the issuance of a compliance supplement to assist auditors in performing the required audits.

The State Single Audit Compliance Supplement is a publication which assists independent auditors and state financial assistance recipients in completing the compliance testing requirements of the State Single Audit.

What triggers the requirement for a Single Audit? Any non-federal entity that expends $750,000 or more in federal award funds during its fiscal year is required to obtain a Single Audit (or Program-specific Audit, if applicable.)

The audit must include appropriate financial statements including the Schedule of Federal Awards. Additionally, a subrecipient must take corrective action promptly on adverse audit findings, report on corrective action plans and also disclose the status of prior audit findings.

The Matrix of Compliance Requirements (Matrix) identifies the Federal programs and compliance requirements addressed in the Supplement, and associates the programs with the applicable compliance requirements.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232