Posted: Thu, 11/07/2019 - 10:40am Updated: Tue, 11/12/2019 - 9:49am

Individuals with Disabilities Education Act (IDEA)

IDEA is federal law ensuring services to children with disabilities throughout the nation. IDEA governs how states and public agencies provide early intervention, special education and related services to eligible infants, toddlers, children and youth with disabilities. IDEA requirements are referenced when monitoring special education transportation, procurement, third-party reimbursement, coordinated early intervening services, and proportionate share of parentally placed students.

What is a Single Audit?

  • First established by the Single Audit Act of 1984 -- Standardized audit requirements and established an organization wide audit process for state and local governments.
  • Single Audit Act Amendments of 1996 -- Extended the audit requirements to non-profit organizations. United States Office of Management and Budget (OMB) issued Circular A-133.

When is a federal single audit required under OMB Circular A-133?

  • All non-Federal entities that expend $750,000 or more of Federal awards in a year are required to obtain an annual audit in accordance with the Single Audit Act, Office of Management and Budget (OMB) Circular A-133, "Audits of States, Local Governments and Non-Profit Organizations," the OMB Circular A-133Compliance Supplement and Government Auditing Standards.
  • Most non-Federal entities annually prepare financial statements and have them audited. A single audit combines the annual financial statement audit with additional audit coverage of Federal funds. The single audit is intended to meet the basic audit needs of both the non-Federal entity and Federal awarding agencies. Any additional auditing by the Federal government shall build upon work performed by other auditors.
  • When a non-Federal entity expends $750,000 or more of all Federal awards combined (including awards passed through other agencies) in a fiscal year
  • The determination of when an award is expended should be based on when the activity related to the award occurs
  • When a school is not subject to a single audit, they are still required to comply with the federal award
  • Indiana Department of Education is required to monitor all sub recipients