12.07.2015 Views

Internal Controls for Payroll - Tracy Arner

Internal Controls for Payroll - Tracy Arner

Internal Controls for Payroll - Tracy Arner

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<strong>Internal</strong> Control and Single Audits• When expending Federal assistance ofmore than $500,000, a governmentmust undergo an A-133 audit or aSingle Audit.• Single audit requires auditee to maintaina system of internal controls28

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