Planning Federal Materiality by Compliance Requirement (1) (2) (6) (6) (3) (4) (5) (5) (6) Direct & If Applicable material monetary, Final Overall Federal per to population Inherent control Detection audit risk materiality by Compl. program Monetary or subject to risk (IR) risk (CR) risk of of compl. Suppl. / entity nonmonetary require. assess. assess. noncompl. noncompl. requirement typically 5% of population subject to Compliance Requirement (Yes or No) (Yes or No) (M/N) (Dollars) (High/Low) (High/Low) (High/Low) (High/Low) requirement A Activities Allowed or Unallowed Yes M 5% B Allowable Costs/Cost Principles Yes M 5% C Cash Management Yes N 5% D Davis-Bacon Act No E Eligibility Yes M/N 5% F Equipment & Real Property Mgmt Yes M 5% G Matching, Level of Effort, Earmark Yes M 5% H Period of Availability Yes M 5% I Procurement & Sus. & Debarment Yes N 5% J Program Income Yes M 5% K Real Property Acq. & Rel. Asst. No L Reporting Yes N 5% M Subrecipient Monitoring Yes N 5% N Special Tests & Provisions Yes N 5% ARRA - Subrecipient Monitoring N Special Tests & Provisions Yes N 5% ARRA - Separate Accountability N Special Tests & Provisions Yes N 5% ARRA - Presentation on SEFA
Planning Federal Materiality by Compliance Requirement (1) (2) (6) (6) (3) (4) (5) (5) (6) Compliance Requirement Applicable per Compl. Suppl. Direct & material to program / entity Monetary or nonmonetary If monetary, population subject to require. Inherent risk (IR) assess. Final control risk (CR) assess. Detection risk of noncompl. Overall audit risk of noncompl. Federal materiality by compl. requirement (Yes or No) (Yes or No) (M/N) (Dollars) (High/Low) (High/Low) (High/Low) (High/Low) typically 5% of population subject to requirement A Activities Allowed or Unallowed Yes M 5% B Allowable Costs/Cost Principles Yes M 5% C Cash Management Yes N 5% D Davis-Bacon Act No E Eligibility Yes M/N 5% F Equipment & Real Property Mgmt Yes M 5% G Matching, Level of Effort, Earmark Yes M 5% H Period of Availability Yes M 5% I Procurement & Sus. & Debarment Yes N 5% J Program Income Yes M 5% K Real Property Acq. & Rel. Asst. No L Reporting Yes N 5% M Subrecipient Monitoring Yes N 5% N Special Tests & Provisions ARRA - Subrecipient Monitoring Yes N 5% N Special Tests & Provisions ARRA - Separate Accountability Yes N 5% N Special Tests & Provisions ARRA - Presentation on SEFA Yes N 5%
A133-FACCR-WIA2013-includes-ARRA-Dec13.docx