Week 2 – September 13th, 2022 Theme: Auditor Selection Process

If your center expends more than $750,000 in federal funds, you’re required to submit to a Single Audit. Even if you don’t expend that much, using a Uniform Guidance approved process to select a firm that can perform a Review or a Compilation will help you prepare for future growth. The Auditor Selection standards can be found in Section 2 of the Federal Code, Part 200.509 (2 CFR, Part 200.509). Here is a quick link to the same language from Cornell Law: https://www.law.cornell.edu/cfr/text/2/200.509