e-CFR Navigation Aids


Simple Search

Advanced Search

 — Boolean

 — Proximity


Search History

Search Tips


Latest Updates

User Info


Agency List

Incorporation By Reference

eCFR logo

Related Resources

Electronic Code of Federal Regulations

We invite you to try out our new beta eCFR site at https://ecfr.federalregister.gov. We have made big changes to make the eCFR easier to use. Be sure to leave feedback using the Help button on the bottom right of each page!

e-CFR data is current as of October 27, 2020


2 CFR--PART 200

View Printed Federal Register page 85 FR 49575 in PDF format.

Amendment(s) published August 13, 2020, in 85 FR 49575

Effective Dates: Nov. 12, 2020

116. Amend §200.520 by revising the introductory text and paragraphs (a) and (e)(1) and (2) to read as follows:

§200.520   Criteria for a low-risk auditee.

An auditee that meets all of the following conditions for each of the preceding two audit periods must qualify as a low-risk auditee and be eligible for reduced audit coverage in accordance with §200.518.

(a) Single audits were performed on an annual basis in accordance with the provisions of this Subpart, including submitting the data collection form and the reporting package to the FAC within the timeframe specified in §200.512. A non-Federal entity that has biennial audits does not qualify as a low-risk auditee.

*   *   *   *   *

(e) *  *  *

(1) Internal control deficiencies that were identified as material weaknesses in the auditor's report on internal control for major programs as required under §200.515(c);

(2) A modified opinion on a major program in the auditor's report on major programs as required under §200.515(c); or

*   *   *   *   *

Need assistance?