Single Audit and Financial Statements
The University of Maryland College Park is a member of the Higher Education University System of Maryland (USM). The Single Audit is a requirement of Office of Management and Budget 2CFR 200 for entities receiving more than $750K in Federal Awards in a fiscal year. USM’s Single Audit report and Financial Statements represent 12 member institutions and state agencies. The independent audit report is available on or before March 31 annually or nine months after the end of the fiscal year end (6/30)(1). The audited Financial Statements are available on or before 12/31.
(1) 2 CFR 200 Part F