Federal awards are traditionally distributed to not-for-profit, higher education, healthcare, energy and utility, and state and local government entities. However, federal awards are also distributed to for-profit and foreign entities that follow different compliance and audit requirements. Baker Tilly professionals have performed federal award compliance audits for all of these entities and will guide you through the regulations that apply to you.
By working with us, you’ll be working with a firm that knows single audits so well we’re regularly asked to review single audit regulations and comment on documents prior to their issuance. Your audit will be completed in a thorough and timely fashion, and your team will share insights with you throughout the process so you can better understand the expectations for grant recipients.
Top 3 firm, nationally, based on number of single audits conducted by CPA firms
More than 500 single audits completed each year
According to AICPA, three factors most clearly determine the quality of a firm’s single audit practice: the number of single audits performed each year, membership in AICPA’s Governmental Audit Quality Center (GAQC) and the experience of the engagement partner.
Source: "Top factors driving quality in single audits" (July 31, 2017)
"For two years now, Baker Tilly has performed our external financial audit, single audit and a review of our HR and Finance department for efficiency. They have always provided technical advice on a very timely basis which has helped us work through issues. We have received valuable internal control recommendations, accounting consultations and feel the audit process is very streamlined and efficient. They have adequate and knowledgeable staff. I respect them a great deal and would recommend them without hesitation."Carla Paschal, Chief Finance Officer, Winnebago County, Illinois