This annual edition provides accountants and other financial professionals with assistance in understanding and applying the special considerations required in a single audit. It is an indispensable resource for auditors performing Yellow Book audits. This new edition provides up-to-date information and expert guidance on single audits and Uniform Guidance compliance audit requirements, including example auditor reports for both the reporting required under Government Auditing Standards and the Uniform Guidance compliance audit.

This report discusses the influence of the Single Audit Act of 1984 on the financial management practices of selected state and local governments and recommends ways to improve the Act's usefulness.

Discusses the influence of the Single Audit Act of 1984 on the financial practices of selected state and local governments and recommends ways to improve the Act's usefulness. Recommendations address criteria for determining entities and programs subject to single audit, content and publication of single audit reports, and impact of single audit reports. Charts and tables.