Publicly Released: March 30, 2023
The objective of this quality control review was to determine whether BDO USA, LLP (BDO) performed the FY 2021 single audit of Advanced Technology International (ATI) in accordance with generally accepted government auditing standards and Federal requirements for single audits.
Non-Federal entities that expend Federal funds of $750,000 or more in a year are subject to the requirements of Public Law 104-156, “Single Audit Act Amendments of 1996,” (the Single Audit Act), and title 2 Code of Federal Regulations part 200 (Uniform Guidance). The Single Audit Act was enacted to promote sound financial management of Federal awards administered by non-Federal entities and to establish uniform requirements for audits of Federal awards. The Uniform Guidance establishes the standards for obtaining consistency and uniformity among Federal agencies for the audit of non-Federal entities expending Federal awards.
ATI is a nonprofit corporation that recruits, organizes, and manages teams of large and small businesses, academic institutions, and nonprofit organizations to conduct federally funded research and development activities in areas such as armaments, advanced materials, shipbuilding, and weapons of mass destruction countermeasures. In FY 2021, the ATI spent approximately $7 billion in DoD funds on one major program, the Research and Development Cluster. ATI engaged BDO to perform its FY 2021 single audit.
BDO complied with generally accepted government auditing standards and Uniform Guidance requirements when it performed the FY 2021 single audit of ATI.
This report is a result of Project No. D2023-DEV0SO-0008.000.