Before starting a new audit, you'll answer a few questions to confirm your entity must submit an audit.

Per 2 CFR 200.501, the single audit submission process is for the following types of entities:

• Non-profits
• State and local governments
• Institutions of higher education
• Indian tribes or Tribal organizations

Entities that spend federal grant funds are required to submit an audit if they meet the following spending thresholds:

• $750,000 or more for Fiscal Years starting before October 1, 2024
• $1,000,000 or more for Fiscal Years starting on or after October 1, 2024

ACEE submissions

At this time, the FAC is not accepting submissions for Alternative Compliance Examination Engagements (ACEE).