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Nonprofit Connect Blog

Monday, November 9, 2020
Key Considerations when Preparing for a Single Audit

If your government or nonprofit organization has received federal funding in response to the COVID-19 pandemic, such as the Coronavirus Relief Fund established by the Coronavirus Aid, Relief, and Economic Security Act, you may be required to have a Single Audit performed. For organizations that haven’t received significant federal financial assistance before, preparing for a Single Audit can be a little overwhelming—but it doesn’t have to be.

Guest Post: BKD CPAs & Advisors