Laserfiche WebLink
ATTACHMENT A <br />FEDERAL AND STATE OF FLORIDA SINGLE AUDIT ACT REQUIREMENTS <br />AUDIT REQUIREMENTS <br />The administration of resources awarded by the Department of State to the Grantee may be subject to <br />audits and/or monitoring by the Department of State as described in this Addendum to the Grant <br />Agreement. <br />MONITORING <br />In addition to reviews of audits conducted in accordance with 2 CFR 2 Subpart F — Audit Requirements <br />and Section 215.97, Florida Statutes, monitoring procedures may include, but not be limited to, on-site <br />visits by Department of State staff, limited scope audits as defined by 2 CFR 2 §200.328 and/or other <br />procedures. By entering into this agreement, the recipient agrees to comply and cooperate with any <br />monitoring procedures/processes deemed appropriate by the Department of State. In the event the <br />Department of State determines that a limited scope audit of the recipient is appropriate, the recipient <br />agrees to comply with any additional instructions provided by the Department of State staff to the <br />recipient regarding such audit. The recipient further agrees to comply and cooperate with any <br />inspections, reviews, investigations or audits deemed necessary by the Chief Financial Officer or <br />Auditor General. <br />AUDITS <br />PART I: FEDERALLY FUNDED <br />This part is applicable if the recipient is a State or local government or a non-profit organization that has <br />received federal funds awarded through the Department of State. Exhibit 1 to this attachment indicates <br />whether federal resources have been awarded through the Department of State by this agreement. <br />2 CFR 2 §200.501 Audit Requirements: <br />(a) Audit required.A non-federal entity that expends $750,000 or more during the non-federal entity's <br />fiscal year in federal awards must have a single or program -specific audit conducted for that year in <br />accordance with the provisions of this part. <br />(b) Single audit. A non-federal entity that expends $750,000 or more during the non-federal entity's <br />fiscal year in federal awards must have a single audit conducted in accordance with 2 CFR 2- §200.514 <br />Scope of audit, except when it elects to have a program -specific audit conducted in accordance with <br />paragraph (c) of this section. <br />State Aid to Libraries Grant Agreement Page 11 of 17 <br />Chapter 1B -2.011(2)(a), Florida Adminisn-alive Code, Effective 4-2015. <br />115 <br />