OMB Issues Memo Authorizing Awarding Agencies to Extend the Single Audit Submission Deadline

Filed under:


The U.S. Office of Management and Budget (OMB) issued a memo on March 19, 2021 that indicates awarding agencies should allow a six-month extension from the normal due date for the submission of the single audit reporting package for certain recipients and subrecipients.

This extension applies to recipients and subrecipients that have not yet filed their single audits with the Federal Audit Clearinghouse (FAC) as of March 19, 2021 and that have fiscal year-ends through June 30, 2021. Appropriate documentation should be maintained by recipients and subrecipients supporting the reason for the delayed filing.

It is important to note that the memo issued by the OMB was not an order requiring federal awarding agencies to offer the extension. Rather, the memo indicates that awarding agencies “should allow” the applicable recipients and subrecipients to have this extension. Therefore, nonprofits may want to consider checking with their respective cognizant or oversight agency for audit about whether this extension will be granted. Please also refer to the full memo issued by the OMB.

Graphic of a conversation bubble

Connect with an Advisor