Reingruber Alert: The 2021 Single Audit Compliance Supplement is here!

9/1/2021 - By Allison Jones, CPA

OMB Issues 2021 Compliance Supplement

  • The Compliance Supplement is intended for auditors conducting Single Audits but is also a fantastic resource for auditees as they prepare for a Single Audit
  • Incorporates changes to the Uniform Guidance that became effective during 2020
  • Supersedes the 2020 Compliance Supplement Addendum addressing PRF. Auditors will also be required to test out-of-network patient out-of-pocket expenses in conjunction with the Special Test and Provisions compliance requirement
  • Designates PRF as a high-risk program and thus more likely to be audited as a major program for auditees with multiple federal programs
  • Testing of reporting under the Federal Funding Accountability and Transparency Act (FFATA) has been expanded to cover more programs
  • Addenda will be later issued to incorporate more programs funded by the American Rescue Plan Act (ARPA)

Provider Relief Funds - Single Audit Reminders

  • Providers will report PRF expenditures and/or lost revenues on their Schedule of Expenditures of Federal Award (SEFA) beginning with fiscal years ending on or after 6/30/21
  • SEFA reporting is linked to report submissions timeline for the PRF Reporting Portal 
  • PRF expenditures and/or lost revenues will first be subject to Single Audit or program-specific audit beginning with fiscal years ending on or after 6/30/21
  • Single Audit or program-specific audit will be due 9 months after fiscal year-end

Additional Resources

For questions or more information, please contact our Healthcare team, and join our email list!

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