Publicly Released: May 27, 2021
The objective of this quality control review was to determine whether PricewaterhouseCoopers LLP (PwC) performed the FY 2019 single audit of the Institute for Defense Analyses (the Institute) 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 Public Law 104-156, “Single Audit Act Amendments of 1996,” (the Single Audit Act) and Title 2 Code of Federal Regulations (CFR) part 200 (the Uniform Guidance) requirements. 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. The Institute is a nonprofit corporation, headquartered in Alexandria, Virginia, that operates three federally funded research and development centers. During FY 2019, the Institute spent $255.9 million in Federal awards on one major program, the Research and Development Cluster. Of the $255.9 million, the Institute spent $246.7 million on DoD programs within the Research and Development Cluster. The Institute engaged PwC to perform the Institute’s FY 2019 single audit.
PwC complied with generally accepted government auditing standards and Uniform Guidance requirements when it performed the FY 2019 single audit of the Institute.
This report is a result of Project No. D2020-DEV0SO-0180.000.