Summary Schedule of Prior Audit Findings definition

Summary Schedule of Prior Audit Findings means a schedule that reports the status of any audit findings included in the prior audit’s schedule of findings and questioned costs relating to State financial assistance. The summary schedule shall also include audit findings reported in the prior audit’s summary schedule of prior audit findings except audit findings listed as corrected or no longer valid or not warranting further action. The schedule shall include the audit finding reference number required by Rule 10.557(4)(b)7.
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Examples of Summary Schedule of Prior Audit Findings in a sentence

  • The current year’s State Single Audit Reporting Package included a Summary Schedule of Prior Audit Findings describing the status of the audit findings from the prior year that affected the entity’s state financial assistance programs but the status of the audit findings from the prior year that affected the entity’s financial statements is not described.

  • Summary Schedule of Prior Audit Findings • The prior year’s State Single Audit Report disclosed several significant deficiencies and reportable instances of noncompliance affecting major state programs and several significant deficiencies and reportable instances of noncompliance affecting the entity’s financial statements.

  • In fulfilling this responsibility, the recipient must prepare a Summary Schedule of Prior Audit Findings.

  • Auditors should evaluate whether the audited entity has taken appropriate corrective action and prepare a Summary Schedule of Prior Audit Findings (SSPAF) to address findings and recommendations from previous engagements that could have a material effect on the financial statements as per 2 CFR 200.511.

  • The current year’s State Single Audit Report did not include a Summary Schedule of Prior Audit Findings describing the status of the prior year finding.

  • Summary Schedule of Prior Audit Findings • The prior year’s State Single Audit Report disclosed a significant deficiency or reportable instance of noncompliance regarding a major state program.

  • Mark either “Yes” or “No” to indicate if the Summary Schedule of Prior Audit Findings reports the status of any audit findings relating to direct Federal awards expended.

  • If there are no prior audit findings for Federal awards, the Summary Schedule of Prior Audit Findings is not required.

  • A Summary Schedule of Prior Audit Findings is not required because there were no prior audit findings related to state projects.

  • No Summary Schedule of Prior Audit Findings is required because there were no prior audit findings related to Federal Programs.

Related to Summary Schedule of Prior Audit Findings

  • Schedule of compliance means a schedule of remedial measures included in a state permit, including an enforceable sequence of interim requirements (for example, actions, operations, or milestone events) leading to compliance with the Act, the CWA and regulations.

  • Schedule of Prices means the completed price schedule or any part or individual schedule thereof, submitted by the Contractor with his Bid and forming a part of the Contract documents.

  • Conversion Schedule means the Conversion Schedule in the form of Schedule 1 attached hereto.

  • Schedule of Contracts means the list or lists of Contracts attached as Schedule A to this Agreement, which Contracts are being transferred to the Owner Trustee as part of the Trust Estate, which list or lists shall set forth the following information with respect to each such Contract in numbered columns:

  • Policy Schedule means a schedule attached to these Terms and Benefits, which sets out, among others, the Policy Effective Date, Renewal Date, the name and the relevant particulars of the Policy Holder and the Insured Person, the eligible benefits, premium and other relevant details in respect of these Terms and Benefits.

  • Schedule of Rates means the priced Schedule of Rates forming part of the tender [where applicable].

  • Specification Schedule means the Schedule containing details of the Specification.

  • Schedule of Exceptions shall have the meaning set forth in Section 5, and is attached hereto as Exhibit C.

  • Schedule of Fees means the published note of the School's prevailing fees notified to you from time to time and a copy of which remains available on the School's website and from the School at any time upon request;

  • Implementation Schedule means the Implementation Schedule in Section VII of the tendering documents.

  • Asset Schedule means with respect to any Transaction as of any date, an asset schedule in the form of a computer tape or other electronic medium (including an Excel spreadsheet) generated by Seller and delivered to Buyer and the Custodian, which provides information (including, without limitation, the information set forth on Exhibit E attached hereto) relating to the Purchased Mortgage Loans in a format reasonably acceptable to Buyer.

  • Prices & Rates Schedule means the Schedule containing details of the Contract Price.

  • Schedule means a schedule to this Agreement.

  • Shift Schedule means a written statement setting forth the days and hours upon which the employees are required to work.

  • Draft Closing Statement means a draft closing statement as of the close of business of the fifth (5th) Business Day immediately preceding the Closing Date setting forth an estimate of the Purchase Price (including all adjustments and prorations thereto).

  • Loan Terms means and refers collectively to (a) all the terms and conditions set out in the Application Form, (b) these General Terms and Conditions, and (d) all terms and conditions specified in the other Loan Documents.

  • Security Schedule means Schedule 2 hereto.

  • Day-Ahead Schedule has the meaning set forth in the CAISO Tariff.

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Schedule of Benefits means the section of this policy which shows, among other things, the Eligibility Requirements, Eligibility Waiting Period, Elimination Period, Amount of Insurance, Minimum Benefit, and Maximum Benefit Period.

  • Progress Schedule means a schedule of the Work, in a form satisfactory to Owner, as further set forth in Section 3.02.

  • Schedule of Representations means the Schedule of Representations and Warranties attached hereto as Schedule B.

  • Special Contract Attachments means any attachment to this Contract.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Monitoring Requirements Schedule means the Schedule containing details of the monitoring arrangements.

  • Reference Schedule means the reference schedule in Part A of this Invitation