GAQC letter to OMB on COVID-19 implications

On April 10, 2020, the GAQC issued a comprehensive letter to OMB summarizing the various COVID-19 questions and issues that need to be addressed so that interim work on June 30, 2020, single audits can begin. We recommend you read through the letter to familiarize yourself with the various issues, since they may be relevant for your audits. The most important areas raised relate to whether various emergency funds/programs are subject to the single audit, and if so, what CFDA