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Institutional Compliance (IRB, IACUC, RECR)
Sponsored Programs Foundation (SPF) undergoes regular compliance audits to ensure adherence to federal regulations, sponsor requirements, and institutional policies. Audits verify that funds are used properly and that projects comply with applicable laws, regulations, and award terms.
Periodically, Sponsored Programs Foundation (SPF) grants and awards are audited by federal, state, or other sponsoring agencies. Sponsors/funders review the grant expenditures to ensure terms and conditions of the award have been met. Audits are coordinated through SPF. In the event award personnel are contacted regarding an audit or a program review, immediately contact the Compliance Officer.
What Is a Compliance Audit?
A compliance audit is a formal review of:
- Financial transactions
- Internal controls
- Project activities
- Adherence to grant and contract requirements
Audits are conducted under standards such as:
- Federal regulations (e.g., Uniform Guidance)
- Government auditing standards
- Sponsor-specific requirements
Audits
Single Audit
The Single Audit, also known as the 2 CFR 200, Subpart F – Single Audit, is a rigorous, organization-wide audit for entities receiving and expending $750,000 or more of federal funds in a fiscal year. SPF receives grants and awards from a variety of federal agencies. As such, we undergo an annual financial statement single audit of our operations which is conducted by an outside, independent Certified Public Accounting (CPA) firm. Please refer to our Financial Information to view our most recent financial audits.
Chancellor's Audit
The Office of Audit and Advisory Services (OAAS) conducts a wide variety of audits and reviews of campus resources and programs. The reports from these activities are located on the CSU's website under Auxiliary Organization Reports.