View all text of Subpart P [§ 1000.2001 - § 1000.2040]
§ 1000.2035 - Is there an exemption available for the requirement to submit Single Audit Act reports?
Yes. In accordance with 2 CFR 200.501(d), a non-Federal entity that expends less than the amount as published by OMB during the entity's fiscal year in Federal awards is exempt from submitting an annual single audit report for that year.