Common use of Reporting Package Clause in Contracts

Reporting Package. The subrecipient/contractor that is required to have a Single Audit based on 2 C.F.R. Part 200 Subpart F and the State Single Audit Guide is required to submit to DHS a reporting package which includes all of the following: 1. General-purpose financial statements of the overall agency and a schedule of expenditures of federal and state awards, including the independent auditor’s opinion on the statements and schedule. 2. Schedule of findings and questioned costs, schedule of prior audit findings, corrective action plan and the management letter (if issued). 3. Report on compliance and on internal control over financial reporting based on an audit performed in accordance with government auditing standards. 4. Report on compliance for each major program and a report on internal control over compliance. 5. Report on compliance with requirements applicable to the federal and state program and on internal control over compliance in accordance with the program-specific audit option. 6. DHS Cost Reimbursement Award Schedule. This schedule is required by DHS if the subrecipient/contractor is a non-profit, for-profit, a governmental unit other than a tribe, county, Chapter 51 board or school district; if the subrecipient/contractor receives funding directly from DHS; if payment is based on or limited to an actual allowable cost basis; and if the auditee reported expenses or other activity resulting in payments totaling $100,000 or more for all of its grant(s) or contract(s) with DHS. 7. Reserve Schedule is only required if the subrecipient/contractor is a non-profit and paid on a prospectively set rate. 8. Allowable Profit Schedule is only required if the subrecipient/contractor is a for-profit entity. 9. Additional Supplemental Schedule(s) required by funding agency may be required. Check with the funding agency. *NOTE: These schedules are only required for certain types of entities or specific financial conditions. For subrecipient/contractors that do not meet the federal audit requirements of 2 C.F.R. Part 200 and SSAG, the audit reporting package to DHS shall include all of the above items except items 4 and 5.

Reporting Package. The subrecipientSub-recipient/contractor that is required to have a Single Audit based on 2 C.F.R. CFR Part 200 Subpart F and the State Single Audit Guide is required to submit to DHS a reporting package which includes all of the following: 1. General-purpose financial statements Purpose Financial Statements of the overall agency and a schedule Schedule of expenditures Expenditures of federal Federal and state awardsState Awards, including the independent auditor’s opinion on the statements and schedule. 2. Schedule of findings Findings and questioned costsQuestioned Costs, schedule Schedule of prior audit findingsPrior Audit Findings, corrective action plan Corrective Action Plan and the management letter Management Letter (if issued). 3. Report on compliance Compliance and on internal control Internal Control over financial reporting Financial Reporting based on an audit performed in accordance with government auditing standardsGovernment Auditing Standards. 4. Report on compliance Compliance for each major program Major Program and a report Report on internal control Internal Control over complianceCompliance. 5. Report on compliance Compliance with requirements applicable Requirements Applicable to the federal Federal and state program State Program and on internal control Internal Control over compliance Compliance in accordance Accordance with the programProgram-specific audit optionSpecific Audit Option. 6. DHS Cost Reimbursement Award Schedule. This schedule is required by DHS if the subrecipientSub- recipient/contractor is a non-profit, for-profit, a governmental unit other than a tribe, county, Chapter 51 board or school district; if the subrecipientSub-recipient/contractor receives funding directly from DHS; if payment is based on or limited to an actual allowable cost basis; and if the auditee reported expenses or other activity resulting in payments totaling $100,000 or more for all of its grant(s) or contract(s) with DHS. 7. Reserve Schedule is only required if the subrecipientSub-recipient/contractor is a non-profit and paid on a prospectively set rate. 8. Allowable Profit Schedule is only required if the subrecipientSub-recipient/contractor is a for-profit entity. 9. Additional Supplemental Schedule(s) required by funding agency Funding Agency may be required. Check with the funding agency. *NOTE: These schedules are only required for certain types of entities or specific financial conditions. For subrecipientSub-recipient/contractors that do not meet the federal Federal audit requirements of 2 C.F.R. CFR Part 200 and SSAG, the audit reporting package to DHS shall include all of the above items except items 4 and 5.

Reporting Package. The subrecipientSub-recipient/contractor that is required to have a Single Audit based on 2 C.F.R. CFR Part 200 Subpart F and the State Single Audit Guide is required to submit to the DHS a reporting package which includes all of the following: 1. General-purpose financial statements Purpose Financial Statements of the overall agency and a schedule Schedule of expenditures Expenditures of federal Federal and state awardsState Awards, including the independent auditor’s opinion on the statements and schedule. 2. Schedule of findings Findings and questioned costsQuestioned Costs, schedule Schedule of prior audit findingsPrior Audit Findings, corrective action plan Corrective Action Plan and the management letter Management Letter (if issued). 3. Report on compliance Compliance and on internal control Internal Control over financial reporting Financial Reporting based on an audit performed in accordance with government auditing standardsGovernment Auditing Standards. 4. Report on compliance Compliance for each major program Major Program and a report Report on internal control Internal Control over complianceCompliance. 5. Report on compliance Compliance with requirements applicable Requirements Applicable to the federal Federal and state program State Program and on internal control Internal Control over compliance Compliance in accordance Accordance with the programProgram-specific audit optionSpecific Audit Option. 6. DHS Cost Reimbursement Award Schedule. This schedule is required by DHS if the subrecipientSub- recipient/contractor is a non-profit, for-profit, a governmental unit other than a tribe, county, Chapter 51 board or school district; if the subrecipientSub-recipient/contractor receives funding directly from DHS; if payment is based on or limited to an actual allowable cost basis; and if the auditee reported expenses or other activity resulting in payments totaling $100,000 or more for all of its grant(s) or contract(s) with DHS. 7. Reserve Schedule is only required if the subrecipientSub-recipient/contractor is a non-profit and paid on a prospectively set rate. 8. Allowable Profit Schedule is only required if the subrecipientSub-recipient/contractor is a for-profit entity. 9. Additional Supplemental Schedule(s) required by funding agency Funding Agency may be required. Check with the funding agency. *NOTE: These schedules are only required for certain types of entities or specific financial conditions. For subrecipientSub-recipient/contractors that do not meet the federal Federal audit requirements of 2 C.F.R. CFR Part 200 and SSAG, the audit reporting package to DHS shall include all of the above items except items 4 and 5.