Auditors, lawmakers split over SB 145 consolidation of federal single audits Senate Finance heard extensive testimony on SB 145, which would restructure audit requirements by raising small-entity thresholds and creating a statewide federal single audit; auditors warned consolidation could reduce oversight and increase fraud risk; committee agreed to roll the bill for amendment work.

The debate over Senate Bill 145 is heating up as auditors warn that consolidating federal single audits could jeopardize oversight and increase the risk of fraud.

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