When do I file the Certification of Audit Requirement and Subrecipient Schedule of Federal Expenditures? Do I have to remember to do it each year?
The reports are due annually, within 45 days after your fiscal year ends. Shortly after your fiscal year ends, you will get a letter from the Department of Finance & Management requesting that you submit the reports. The letter contains a list of all grants/loans from a State of Vermont agency with an open grant period for all or part of your most recently completed fiscal year and blank copies of both reports. If you require a single audit, you only have to file the Certification of Audit Requirement. If you do not require a single audit, you must also submit the Subrecipient Schedule of Federal Expenditures. Both are due within 45 days after your fiscal year ends.
Related Questions
- I have copies of the old reports (Certification of Audit Requirement and Subrecipient Schedule of Federal Expenditures) on hand. Can I keep using them instead of the new report?
- When do I file the Certification of Audit Requirement and Subrecipient Schedule of Federal Expenditures? Do I have to remember to do it each year?
- What happened to the Certification of Audit Requirement and Subrecipient Schedule of Federal Expenditures?