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Audit Threshold Raised 

The audit threshold for federal awards was raised from $750,000 to $1 million. This means that sponsoring organizations who receive less than $1 million in CACFP reimbursement annually are not required to have an annual audit.

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State Agency Financial Review Requirements

Child Nutrition Program Integrity Final Rule codified the requirement for an annual reconciliation of bank account activity and accounting of reported actual expenditures with Child and Adult Care Food Program (CACFP) payments. This memorandum provides a summary of each provision and instructions for how to complete the annual verification of bank account activity and actual expenditures.

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