COVID-19 Resource Hub Committed to helping you navigate disruptions created by the spread of the Coronavirus.

We are closely following the evolution of COVID-19 and sharing insights to keep you informed about potential implications. Continue to check for updates and additional resources going forward and keep in mind that due to the ever-changing nature of this event, you should always consult the appropriate professionals. We are here for you!

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04/22/2021

Presentation of Covid-19 Related Federal Programs on the Schedule of Expenditures of Federal Awards

New aid provided by federal agencies in response to the COVID-19 pandemic can impact the presentation of your organization’s Schedule of Expenditures of Federal Awards (SEFA), Notes to the SEFA, and Federal Audit Clearinghouse Data Collection Form (DCF). As you prepare for your audit, it is important to understand the funding you received and identify the COVID-19 related funds separately on the SEFA provided to the auditors to support an effective audit. Read more!

Amy Guerra, CPA

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