|
gptkbp:instanceOf
|
gptkb:United_States_federal_law
|
|
gptkbp:amendedBy
|
gptkb:Single_Audit_Act_Amendments_of_1996
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|
gptkbp:appliesTo
|
local governments
state governments
nonprofit organizations (after 1996 amendment)
|
|
gptkbp:category
|
Public finance
Government accountability
Audit law
|
|
gptkbp:codifiedIn
|
gptkb:31_U.S.C._§§_7501–7507
|
|
gptkbp:dateEnacted
|
1984
|
|
gptkbp:enactedBy
|
gptkb:United_States_Congress
|
|
gptkbp:focusesOn
|
federal financial assistance
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Single Audit Act of 1984
|
|
gptkbp:publicLawNumber
|
gptkb:Public_Law_98-502
|
|
gptkbp:purpose
|
to improve auditing and management of federal funds provided to state and local governments
|
|
gptkbp:relatedTo
|
gptkb:Office_of_Management_and_Budget_Circular_A-133
|
|
gptkbp:replacedBy
|
multiple individual grant audits with a single comprehensive audit
|
|
gptkbp:requires
|
annual audit of entities receiving federal funds above a certain threshold
reporting on internal controls and compliance with laws and regulations
|
|
gptkbp:signedBy
|
gptkb:Ronald_Reagan
|
|
gptkbp:threshold
|
$100,000 (original), $300,000 (1996), $750,000 (current as of 2024)
|
|
gptkbp:bfsParent
|
gptkb:Audits_of_States,_Local_Governments,_and_Non-Profit_Organizations
|
|
gptkbp:bfsLayer
|
6
|