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Single Audit Library
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The Single Audit Act of 1984 established uniform entity-wide audit requirements for state and local governments receiving Federal financial assistance. Audits performed under the Single Audit Act are intended to satisfy all Federal agencies providing assistance to the entity. The act was amended in 1996 by Public Law 104-156, raising the threshold for Single Audit to $300,000 in Federal assistance.
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Added: Mon Nov 26 2001
