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14 <br /> MAULDIN <br /> ENKINS <br /> Audits of Federally Funded Programs (Single Audits) <br /> Relative to audits of calendar year 2017, Mauldin &Jenkins audits 170 <br /> entities representing approximately $1.8 billion in federal <br /> expenditures for state, local government, and non-profit clients which <br /> ` is the: <br /> • 35t" highest among public accounting firms in the nation as it <br /> relates to total expenditures audited under the Single Audit Act; <br /> and, <br /> • 19th highest among public accounting firms in the nation as it <br /> 41 relates to number of Single Audits conducted. <br /> Mauldin and Jenkins serves a significant amount of clients who require substantial single audits. In <br /> January 2008, as part of the Federal Department of Education's random testing of the audits of local <br /> boards of education, a review was performed by the Federal Office of Inspector General (OIG) regarding <br /> a Single Audit engagement of a local board of education. We are quite pleased to note the examiner <br /> provided Mauldin & Jenkins a letter of high marks for the performance of the respective Single Audit <br /> and this comes at a time when Federal regulators are condemning the profession for poor performance <br /> of such Single Audits. Unofficially and orally provided, the examiner noted this Single Audit <br /> engagement to be the best such engagement reviewed in his experience. <br /> Mauldin&Jenkins, LLC Page 12 <br />