SINGLE AUDIT REPORTING, EXPENDITURES OF FEDERAL AWARDS - 7974.1

Agencies/Departments must report federal award expenditures in compliance with the federal government’s Office of Management and Budget and the Department of Finance’s reporting requirements. Agencies/Departments must report federal award expenditures to Finance, Office of State Audits and Evaluations (OSAE) through the Single Audit Expenditure Reporting Database (Database). Agencies/Departments must follow all guidelines issued by Finance and submit deliverables by the prescribed due dates.

Direct expenditures of federal awards and payments to sub-recipients of federal funds must be reported on a cash basis. Cash basis expenditures are defined as expenditures incurred and disbursed as of June 30. Cash basis expenditures do not include accruals of valid obligations, accrual reversals, encumbrances, or receivables recognized as of June 30.

Expenditures reported through the Database must be identified by the proper Assistance Listing Number and program title. All supporting documentation used to prepare the report must reconcile to year-end financial reports and must be available in the event OSAE or the California State Auditor requests to review.

For additional Single Audit reporting requirements and guidance, refer to Finance’s Single Audit website: https://dof.ca.gov/programs/osae/single-audit-act/.