Decision Walk: know when Single Audit risk starts
Identify Single Audit trigger risk and build a readiness path before year-end.
Threshold signal Federal award expenditures are near $1,000,000 before two large reimbursement draws hit the ledger. The threshold is based on federal awards expended during the fiscal year, so waiting for audit planning is too late. Uniform Guidance audit readiness Track -> Trigger -> Prepare Track federal awards expended monthly. When the organization is likely to cross the threshold, prepare the SEFA and compliance support while transactions are still fresh. Wait Let auditors ask later. The audit becomes a prepared review, not a reconstruction project. A threshold is a control point. When projected federal expenditures approach it, finance changes the…
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