New Audit Threshold May Create Oversight Burden for Pass-Throughs

By increasing the single audit threshold from $500,000 to $750,000 (§200.501), the Office of Management and Budget’s uniform grant guidance will force many pass-through entities that relied on single audits from subrecipients for oversight to find new ways to monitor those subrecipients. Speaking recently at the Brustein and Manasevit PLLC Spring 2014 Forum in Washington D.C., Lei... Read More