GroundRules
2 CFR 2701.503: Relation to other audit requirements.
Where this section sits in the code
- Title 2—Federal Financial Assistance
- Subtitle B—Federal Agency Regulations for Grants and Agreements
- CHAPTER XXVII—SMALL BUSINESS ADMINISTRATION
- PART 2701—UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS
Non-Federal entities that are not subject to the requirements of the Single Audit Act and that are performing projects under SBA awards will be required to submit copies of their audited financial statements for their most recently completed fiscal year. Costs associated with the auditing of a non-Federal entity's financial statements may be included in its negotiations for an indirect cost rate agreement in accordance with 2 CFR 200.425.
Collected 2026-08-27T02:23:42Z. Source file · JSON