Single Audit

A Single Audit, also known as a Uniform Guidance audit, is a specific type of audit conducted on organizations that receive federal funding. A non-federal entity becomes subject to a Single Audit when it expends a certain threshold of federal funds in a fiscal year (The federal expenditure threshold increased to $1 million for fiscal years beginning on or after October 1, 2024). The purpose of the Single Audit is to examine and ensure that the organization has complied with the requirements of the federal awards it received. The Single Audit report provides the federal government with assurance that the funds are being used appropriately and in accordance with applicable laws and regulations.

The Single Audit is essential in promoting transparency, accountability, and stewardship of federal funds and helps identify any areas of concern or non-compliance that may need corrective action. The audit report is submitted to the Federal Audit Clearinghouse (FAC), where it becomes publicly available for review.

Is your organization compliant? Our assurance services are the best way to know.

Our experts have extensive experience working with nonprofit organizations that receive federal grants and are subject to Single Audits. We deliver much more than the required compliance and financial statements audit by reviewing and helping you understand the applicability of a single audit and the definition of a federal awards, and your requirements and responsibilities related to internal control over compliance and the preparation of the schedule of expenditures of federal awards.

During a Single Audit, we review your financial statements and internal controls related to federal programs. We also assess your organization’s compliance with the terms and conditions of the federal grants, as outlined in the Uniform Guidance, applicable compliance supplements and grant agreements.

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A Commitment to Client Success

For more than 45 years, Rubino has provided highly specialized public accounting, tax and financial planning, regulatory consulting, and related financial services.

Single Audit Experience Across Federal Programs

Rubino brings decades of Single Audit experience to nonprofit organizations receiving federal funding. Our work spans awards from numerous federal agencies, giving our team experience with varied grant requirements and compliance responsibilities.

We help organizations understand Single Audit applicability, internal control responsibilities, and Schedule of Expenditures of Federal Awards (SEFA) requirements.

The Rubino Advantage: Understanding Your Federal Award Requirements

A Single Audit involves more than financial statements. It also examines compliance with requirements that apply to your federal awards. Understanding how those requirements relate to your programs, documentation, and internal controls is an important part of audit preparation.

Rubino connects financial statement audit experience with knowledge of federal grant compliance. We consider the Uniform Guidance, applicable Compliance Supplement, and grant agreements in evaluating your organization’s compliance and related internal controls.

By connecting these requirements to your organization’s specific awards, we help your team understand what the audit covers, why supporting documentation matters, and your responsibilities throughout the process.

Single Audit Expertise Recognized by SARC Valued by Clients

Rubino is a multiple-time recipient of the Single Audit Resource Center (SARC) Award for excellence in knowledge, value, and overall client satisfaction. *

*Based on client feedback from an independent survey.

Our Single Audit team brings that commitment to your organization through:

  • A focused audit approach.
    Proprietary compliance audit programs tailored to your grants help reduce unnecessary questions and demands on your team’s time.
  • Proactive guidance.
    Practical tools, training, and timely updates help you understand changing requirements and prepare for what comes next.
  • Experienced, accessible professionals.
    Our team combines ongoing technical training with clear communication and responsive support throughout your Single Audit.

Put Rubino’s recognized Single Audit expertise to work for your organization.

Meet Our Single Audit Team Leader

Put Rubino’s decades of Single Audit experience to work for your organization. Schedule a free consultation to discuss your federal funding, audit needs, and preparation questions.

Dawit Negari, CPA, CFE, CGFM, MBA

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With the Rubino Team,Anything Is Possible

With Rubino, your organization is primed to reach your goals and beyond. We enhance what you already do well, we improve what you don’t, and we help you build an organization that is ready for anything.

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