Federal Audit Requirements

Department of Education Federal Audit Requirements for School Administrative Units, Public Charter Schools and Private Non-profit Agencies:

Any non-Federal entities that expend $750,000 or more of Federal awards are required to obtain an annual audit in accordance with the Single Audit Act Amendments of 1996, Office of Management and Budget (OMB) Circular A-133, “Audits of States, Local Governments and Non-profit Organizations,”

the OMB Circular A-133 Compliance Supplement and Government Auditing Standards.
Compliance Supplement 2017
Compliance Supplement 2016

The Department of Education requests annual audits for Private Non-profit Agencies to meet requirements set forth in:

Title 34, Code of Federal Regulations (CFR) awards made prior to 12/26/2014, EDGAR Parts 74 and 80 still apply.

For awards made on or after 12/26/2014, 2 CFR §200.501 which includes the substance formerly in parts 74 and 80, applies.

Parts 75-79, 81 to 86 and 97-99 EDGAR is currently in transition.

Education Department General Administrative Regulations (EDGAR) and Other Applicable Grant Regulations

Federal Audit Clearinghouse operates on behalf of the Office of Management and Budget (OMB) and its primary purposes are to:

  • Distribute single audit reporting packages to Federal agencies
  • Support OMB oversight and assessment of Federal award audit requirements
  • Maintain a public database of completed audits
  • Help auditors and auditees minimize the reporting burden of complying with Circular A-133 audit requirements

Federal Audit Clearinghouse - FAQs 
Government Auditing Standards (The Yellow Book)