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ARRA-735 <br />8/09 <br />Division of Aging and Adult Services Program Audit Guide for Aging Services and Federal <br />Office of Budget and Management (OMB) Circular A-133. <br />Community nutrition service providers, as specified in paragraph one (1), who are not units of <br />local government or otherwise subject to the audit and other reporting requirements of the <br />Local Government Commission are subject to audit and fiscal reporting requirements, as stated <br />in NC General Statute 143C-6-22 and 23 and OMB Circular A-133, where applicable. <br />Applicable community service providers must send a copy of their year-end financial <br />statements, and any required audit, to the Area Agency on Aging. Home and Community Care <br />Block Grant providers are not required to submit Activities and Accomplishments Reports. <br />For-profit corporations are not subject to the requirements of OMB Circular A-133, but are <br />subject to NC General Statute 143C-6-22 and 23 and Yellow Book audit requirements, where <br />applicable. Federal funds may not be used to pay for a Single or Yellow Book audit unless it <br />a federal requirement. State funds will not be used to pay for a Single or Yellow Book audit <br />if the provider receives less than $500,000 in state funds. The Department of Health and <br />Human Services will provide confirmation of federal and state expenditures at the close of the <br />state fiscal year. Information on audit and fiscal reporting requirements can be found at <br />http://www.ncauditor.net/nonprofitsite. <br />The following provides a summary of reporting requirements under NCGS 143C-6-22 and 23 <br />and OMB Circular A-133 based upon funding received and expended during the service <br />provider's fiscal year. <br />Annual Expenditures Report Required to AAA Allowable Cost for Reporting <br />• Less than $25,000 in Certification form and State N/A <br />State or Federal funds Grants Compliance Re- <br />porting <$25,000 (item # 11, <br />Activities and Accomplishments <br />does not have to be completed) <br />OR <br />Audited Financial Statements in <br />Compliance with GAO/GAS <br />(i.e. Yellow Book) <br />Greater than $25,000 Certification form and Schedule of N/A <br />and less that $500,000 Grantee Receipts >$25,000 and <br />in State or Federal Funds Schedule of Receipts and Expendi- <br />tures <br />OR <br />Audited Financial Statements in <br />Compliance with GAO/GAS <br />(i.e. Yellow Book) <br />