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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...
Determining the “trigger” for yellow book audit
By: Joseph McGee | January 12, 2019
We understand that GAGAS is usually triggered through contract, law, regulations or other authoritat...
California Medi-Cal funds
By: Anonymous | November 29, 2018
• Uniform Guidance Section 200.502 indicates that Medicaid payments to a sub-recipient fo...
By: Chad Gorfido | November 15, 2018
• The sample size tables included in the AICPA Audit and Accounting Guides are based on 0 expecte...
By: Mary Grady | October 29, 2018
• I have a client that did not know an award contained federal money in 16/17 award year. It wou...