Government Program Auditing

Call us at 530-757-7402 or email us at info@na-cpa.com for more information

Program-Specific Audits

A program-specific audit is an audit of one grant or group of grants from one federal agency in accordance with Federal laws, regulations, or audit guides relative to that particular grant or award. It does not require a financial statement audit of the entity. The audit is conducted in accordance with Generally Accepted Auditing Principles and Government Auditing Standards. Program specific audits cover the fiscal or calendar year of the grant being audited. Internal control structures and compliance with significant requirements are tested as part of every program-specific audit.

Audit Requirements: Single audits or program-specific audits usually need to be prepared for any year for organizations that spend more than $500,000 in federal funds.

SBIR/Government Grant audits for For-Profits

Agency audits are required for any entity that spends more than $500,000 in government funds in a single fiscal year. These audits are required to be completedf by an independent auditor who is qualifed to provide those services. The audit focuses on both the use of the money and the required compliance with the applicable rules and regulations of the grant or contract.

Audit Requirements: NIST grants need to be audited within 90 days of the end of the first year of funding. The grant is then required to be audited every 2 years after the first year and in the final year.

Government Accounting Setup & Review

Our clients around the country engage us to review their accounting systems and to assist them in the implementation of government compliant accounting systems and procedures.

These services include:

  • Account setup
  • Authoring appropriate Policies and Procedures
  • Setting up compliant accounting systems and controls

Areas of Experience & Expertise

  • Grant Audits
  • Single Audits
  • Program Specific Audits
  • A133 Audits
  • SBIR (Small Business Innovative Research) Audits
  • Government Grant Audit
  • DOD (Department of Defense) Audits
  • NIST (National Institute of Science and Technology) Audits
  • NIH Audits
  • National Institute of Health Audits
  • National Science institute Audits
  • National Cancer Institute Audits
  • DOC (Department of Commerce) Audits
  • Department of Homeland Security Audits
  • DOE (Department of Energy) Audits