28 C.F.R. § 70.26 Non-Federal audits.
Title 28 - Judicial Administration
(a) Recipients and subrecipients that are institutions of higher education or other non-profit organizations (including hospitals) shall be subject to the audit requirements contained in the Single Audit Act Amendments of 1996 (31 U.S.C. 7501–7507) and revised OMB Circular A–133, “Audits of States, Local Governments, and Non-Profit Organizations.” (b) State and local governments shall be subject to the audit requirements contained in the Single Audit Act Amendments of 1996 (31 U.S.C. 7501–7507) and revised OMB Circular A–133, “Audits of States, Local Governments, and Non-Profit Organizations.” (c) For-profit hospitals not covered by the audit provisions of revised OMB Circular A–133 shall be subject to the audit requirements of the Federal awarding agencies. (d) Commercial organizations must follow the audit threshold in revised OMB Circular A–133 in determining whether to conduct an audit in accordance with Government Auditing Standards. [62 FR 45939, 45942, Aug. 29, 1997]
Title 28: Judicial Administration
PART 70—UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS (INCLUDING SUBAWARDS) WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS AND OTHER NON-PROFIT ORGANIZATIONS
Subpart C—Post-Award Requirements
Financial and Program Management
§ 70.26 Non-Federal audits.
