A federal study on the quality of audits performed under Circular A-133 was issued June 22, 2007. The report titled, Report on National Single Audit Sampling Project (the PCIE report), was issued by the President’s Council on Integrity and Efficiency (PCIE) and addressed to the OMB. Overall, the study had two goals: (1) to determine the quality of single audits and establish a statistically based measure of audit quality; and (2) to recommend changes in single audit requirements, standards, and procedures to improve the quality of single audits. The PCIE report shows that improvements are needed in many areas. This page provides links to the report and to other articles and sources concerning the report and actions being taken in response to the report.

Links and Articles:

Report on National Single Audit Sampling Project

Link to the full report located on the Inspectors General Web site.  Learn More>>

Single Audits: Are They Helping to Safeguard Federal Funds?

Article summarizing testimony to the financial management subcommittee of the Senate Committee on Homeland Security and Governmental Affairs at an October 25 hearing on the quality of single audits for recipients of federal assistance. Learn More>>

AICPA Governmental Audit Quality Center (GAQC) Response

Article summarizing the activities that the AICPA GAQC has initiated to enhance the quality of government audits.  Learn More>>