Single Audit Act: Single Audit Quality Has Improved but Some Implementation Problems Remain
AFMD-89-72
Published: Jul 27, 1989. Publicly Released: Aug 29, 1989.
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Highlights
Pursuant to a congressional request, GAO reviewed the Office of Management and Budget's (OMB) implementation of the Single Audit Act, focusing on the: (1) quality of single audits by determining their compliance with generally accepted government auditing standards; and (2) usefulness of single audits to report recipients.
Recommendations
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| Office of Management and Budget | The Director, OMB, should establish and define responsibilities for agencies that provide general oversight. |
Closed – Implemented
OMB included an expanded definition of "general oversight" in its questions and answers booklet, which is an attachment to OMB Circular A-128. In addition, the expanded definition will be incorporated into OMB Circular A-128 when it is revised.
|
| Office of Management and Budget | The Director, OMB, should amend OMB Circular A-128 to require auditors to identify in single audits those programs tested for compliance with laws and regulations and to differentiate among those tested as major or nonmajor programs and those tested in connection with the audit of the general purpose financial statements. |
Closed – Implemented
OMB issued revised single audit guidance calling for auditors to identify major programs tested for compliance with laws and regulations. Auditors are not required to test nonmajor programs.
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Topics
AccountantsAudit reportsAuditing proceduresAuditing standardsFederal aid to localitiesFederal aid to statesFunds managementInternal controlsSingle auditGovernment auditing standards