Nonprofit Advisory: Federal Audit Clearinghouse Reopens

On November 25, 2015 the Federal Audit Clearinghouse (FAC) reopened and is again accepting single audit submissions. Additionally, the single audit submission deadline has been further extended to January 31, 2016. Upon first entering the FAC Website, users will be prompted to update their passwords. The process to update passwords remains the same as it was prior to the FAC shutdown.

The FAC was closed for business in July 2015, due to a security incident. Since then, the FAC has been working to make security improvements and to perform system testing. During that time, the submission deadline was extended several times.

We will be in contact with those clients for whom we were waiting for this good news to submit your Single Audits. We can expect congestion, due to a high volume of backlog but will ensure we work with all of our clients to perform the submissions in a timely manner.