[polar21]

I have been trying to search and find the dollar amount that triggers a Yellow Book audit. Does anyone know this off the top of their head? Does it very by Agency? If I remember correctly its one of three possibilities: $300K, $500k, or $750K.

[rjcpa]

I think it's $500,000

FAR - 10/3/12 - 86
BEC - 11/27/12 - 70 1/14/13 - 81
AUD - 4/4/13 - 87
REG - 7/8/13 - 80

[Jennifer241]

Single audit threshold for an audit is currently $500,000. 2nd paragraph of Part 1.

https://www.whitehouse.gov/omb/circulars/a133_compliance_supplement_2012

The OMB has proposed to increase it to $750,000 in the future but no decision has been made on that yet.

AUD - Jan 9,13 Pass
REG - Aug 30,13 Pass
BEC - Oct 26,13 Pass
FAR - Dec 4,13 Pass

Licensed CPA in the state of Oregon

[polar21]

Thanks everyone.

[Author]

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