(Answered) What is the single audit act how has this act influenced

Management Studies

What is the Single Audit Act? How has this act influenced auditing of governmental agencies? What types of reports and opinions do the auditors provide?

The Single Audit Act is a combination of several audits into one audit. The government that spends more than $500,000 on more than one program now is audit as one program. The auditor's distinguishes between major and nonmajor programs...

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