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Administrative Relief for Recipients and Applicants of Federal Financial Assistance Directly impacted by the Novel Coronavirus (COVID-19)
By: Jeremy Pond | April 27, 2020
Last month the White House issued a memorandum discussing administrative relief for certain complian...
New findings library for SARC members
By: Jeremy Pond | April 24, 2020
SARC members can now view the text of findings that have been submitted to the federal audit clearin...
GASB considering delaying effective dates of standards because of COVID-19
By: Jeremy Pond | March 30, 2020
From GASB's website
The GASB staff has received correspondence from numerous state an...
FASB has issued an exposure draft to delay certain standards updates
By: Jeremy Pond | April 22, 2020
URL of the exposure draft:
New Revenue Recognition disclosure
By: | February 19, 2020
I was wondering if you can please provide a sample of a note disclosure for th...
Delay in FACs data collection form submissions
By: Jeremy Pond | January 9, 2020
I have had several audit firms ask about data collection form submissions they have submitted around...
SARC's membership forum is back online.
By: Jeremy Pond | September 22, 2019
You may have noticed that our forum was down for maintenance recently. I...
2019 compliance supplement
By: Jeremy Pond | April 29, 2019
I emailed the OMB last week to check on the status of the 2019 complianc...
Low Risk Auditee Assessment
By: Valerie Shaw | April 8, 2019
I work for a firm that does local education agency audits throughout Calif...
Single audit application for a for-profit organization
By: Anonymous | April 5, 2019
This message was posted by a user wishing to remain anonymous
I am planning on perfor...