The scope of a single audit engagement includes all of the following EXCEPT

Scope of Single Audit:The scope includes:

Financial Statements: Ensuring accurate reporting of financial activities.

Internal Controls: Evaluating effectiveness in compliance with federal requirements.

Compliance: Ensuring compliance with the terms and conditions of the award.

Explanation of Answer Choices:

A. Financial statements: Included in the audit.

B. Internal controls: Included to ensure compliance.

C. Performance results: Correct. Single audits do not assess program outcomes or effectiveness.

D. Compliance with terms of the award: Included to ensure federal funds are used appropriately.

References:

Uniform Guidance (2 CFR Part 200),Audit Requirements.

Government Accountability Office (GAO),Yellow Book: Standards for Audits of Federal Awards.