Public and Not For Profit Accounting

tiger1

Research reporting responsibilities, especially the Office of Management and Budget (OMB) Circular A-133.

What are the reporting responsibilities of the auditee if, during a single audit, the auditor identifies a finding?
Explain what is required in each of the following:
- The year of the finding
- Subsequent years

Use APA style in the body of your posting as well as in the reference section.

Please submit your assignment.

1–2 pages

Grading Criteria
Provide a basic explanation of the process on reporting responsibilities.	40%
Exhibit a level of research into the topic.	28%
Discuss the potential ramification of findings on the awarding of future grants.	16%
Use proper formatting for the assignment and references.	16%

For assistance with your assignment, please use your text, Web resources, and all course materials.