Form Sf-Sac - Audits Of States, Local Governments, And Non-Profit Organizations Page 14
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14FORM INSTRUCTION CHANGES PERTAINING TO FISCAL
Item 10- Audit Findings
YEARS ENDING IN 2007. Refer to Instructions For Completing
Form SF-SAC, Reporting on Audits of States, Local
The rows of Item 10 directly correspond to matching rows in
Governments, and Non-Profit Organizations For Fiscal Periods
Item 9. The information to complete columns (a) and (b) is
Ending in 2004, 2005, or 2006 for all other items.
obtained from the Schedule of Findings and Questioned
Costs prepared by the auditor. If the Schedule of Findings
PART II - FINANCIAL STATEMENTS
and Questioned Costs does not identify audit findings for a
specific row, the auditor should enter “O” for item (a) and
The auditor completes this section of the form. All information for
“N/A” for item (b). Audit findings affecting more than one
this section should be obtained from the opinion on the financial
major program should be listed for all major programs
statements and reports in accordance with the Government
affected.
Auditing Standards (GAS) related to the financial statement audit.
Column (a) - Type(s) of Compliance Requirement(s)-
Item 3- Is a reportable condition disclosed? Mark either “Yes”
Using the list provided on the form in footnote 4 on page 3,
or “No” to indicate the disclosure of a “significant deficiency.”
enter the letter(s) that correspond to the type(s) of
compliance requirement(s) applicable to the audit findings
Item 4- Is any reportable condition reported as a material
(i.e., noncompliance, reportable conditions (assume
weakness? Skip this item if Item 3 is marked “No.” Mark either
significant deficiencies) (including material weaknesses),
“Yes” or “No” to indicate the disclosure of a significant deficiency
questioned costs, fraud and other items reported under
'__.510(a)) reported for each Federal program. Do not list
reported as a ”material weakness.”
all types of compliance requirements that were tested.
Normally, audit findings will be covered by the 14 types of
PART III - FEDERAL PROGRAMS
compliance requirements described in Part 3 of the “OMB
Circular A-133 Compliance Supplement.” If there is an audit
The auditor completes this section of the form.
finding, but it is not covered by one of these, enter “P” for
“Other.” If there were no audit findings, enter “O” for “None.”
Item 4- Is a reportable condition disclosed for any major
Enter the letters only; do not enter commas or spaces.
program? Mark either “Yes” or “No” to indicate if the Schedule of
Findings and Questioned Costs include any significant deficiency
Column (b) - Audit Finding Reference Number(s)- Enter
in internal control for major programs (Circular '__.510 (a)(1)).
the audit finding reference number(s) for audit findings (i.e.,
noncompliance, reportable conditions (assume significant
Item 5- Is any reportable condition reported for any major
deficiencies) (including material weaknesses), questioned
costs, fraud, and other items reported under '__.510(a)) in
program as a material weaknesses? If Item 4 is marked “No,”
skip Item 5. If Item 4 is marked “Yes,” mark Item 5 either “Yes” or
the Schedule of Findings and Questioned Costs. If no audit
“No” to indicate if any significant deficiencies are material
findings were reported, enter N/A for “Not applicable”
weaknesses (Circular '__.510 (a)(1)).
(footnote 5)
Item 8-
Note- Regardless of how many Federal agencies are
selected on this item, only one copy of the reporting
package is required to be submitted to the Federal Audit
Clearinghouse. The auditee must submit only one reporting
package (as defined in '__.320(c)) to the Federal Audit
Clearinghouse. The Clearinghouse will copy and distribute the
required audit reporting packages to Federal agencies per
'__.320(d) of the Circular.
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