OMB Grants Single Audit Deadline Extension
On May 9th, OMB published a notice in the Federal Register soliciting public comments for proposed changes to the SF-SAC form. The SF-SAC is the standard data collection form used for Single Audit Act audits. The proposed changes to the form include additional data elements, as well as modifications to existing elements. The deadline for comment submission is July 8th.
OMB anticipates the SF-SAC will be available by the end of the summer. Recognizing this time frame affects audit deadlines, OMB has granted an automatic extension until September 30, 2013 for reporting packages due to the Federal Audit Clearing House before that date. The extension applies only to single audits for FY 2013.
Additional information can be found at http://harvester.census.gov/sac/.