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FY2016 SINGLE AUDIT OVERVIEW Purpose - SDLRC

FY2016 SINGLE AUDIT OVERVIEW Purpose The following OVERVIEW is intended to provide the GOAC with a general understanding of the different auditor s reports, management letters, financial statements and other information included in the FY2016 State of South Dakota SINGLE AUDIT Report. SINGLE AUDIT A SINGLE AUDIT is an AUDIT which includes both the entity s financial statements and its federal awards. The State s SINGLE AUDIT includes an examination of the financial records, internal controls and compliance with laws and regulations for both the federal programs and the State as a whole.

FY2016 SINGLE AUDIT OVERVIEW Purpose . The following overview is intended to provide the GOAC with a general understanding of the different auditor’s reports, management letters, financial statements and other information included in the

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