Experts in Single Audits

When your organization receives significant federal funding, maintaining compliance and transparency is essential. A single audit is a comprehensive, organization-wide review required for entities that expend $1 million or more in federal awards in a fiscal year. This process is designed to ensure that your financial statements are accurate and that your use of federal funds meets all regulatory requirements.

Without a robust single audit process, organizations risk errors, noncompliance, and potential loss of funding. Our team at Simon Lever helps you avoid these pitfalls by providing a thorough, integrated audit that not only meets federal requirements but also supports your organization’s long-term success.

A single audit combines a traditional financial statement audit with a detailed compliance review of your major federal programs. This dual approach uncovers inconsistencies, strengthens internal controls, and provides actionable insights for management. Our Lead Advisors work collaboratively with you to design audit processes that inform critical decisions and foster a culture of accountability.

Whether you need annual compliance assurance or guidance on specific federal programs, our goal is to build a relationship based on trust, integrity, and a shared commitment to your mission.

Key Services

• Audited Financial Statements
• “In Relation To” Opinion on the Schedule of Expenditures of Federal Awards (SEFA)
• Internal Control and Compliance Reporting
• Major Federal Program Testing
• Communication of Findings, Recommendations, and Corrective Actions
• Required Reports to Management, Governance, and Federal Agencies
• Financial Projections & Forecasting
• Agreed-Upon Procedures
• Operational Consulting
• Cash Flow Management