State of Wisconsin Single Audit, 2007-08

To view report 09-5An Audit: State of Wisconsin 2007-08 March 2009Report HighlightsWisconsin administered In fiscal year (FY) 2007-08, state agencies administered $10.0 billion in $10.0 billion in federal federal financial assistance through more than 1,600 federal programs financial assistance in and grants, including 963 research and development grants awarded to FY 2007-08. the University of Wisconsin (UW) System. We performed an independent audit of compliance with federal grant requirements and followed up on Federal funds expected findings in our prior single audit report. under the American Recovery and Reinvestment Our efforts focused on 23 programs that accounted for 74.8 percent of Act of 2009 will be subject Wisconsin’s federal financial assistance in FY 2007-08. Programs were to audit in the future. selected for review based on their size and the risk of noncompliance State agencies generally with federal rules. We found that, overall, state agencies have properly complied with federal rules. administered federal grant programs and complied with federal requirements. Our auditor’s report on compliance is unqualified. Our report includes an unqualified audit opinion on the Schedule of Expenditures of Federal Awards, which provides an inventory of all Additional federal funds federal grants administered by state agencies during the period we could have been available audited. However, we identified a number of audit issues related ...