How does single audit act affect audits of entities

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Problem

What is the Single Audit Act? Your answer should address at least the following questions. What is its purpose? How does it affect audits of entities that receive federal financial assistance? How do its requirements differ from AICPA audit requirements?

Reference no: EM131976960

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How does single audit act affect audits of entities : How does Single Audit Act affect audits of entities that receive federal financial assistance? How do its requirements differ from AICPA audit requirements?
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