During 2017, Wisconsin State Statute 46.036 (4)( c ) and 49.34(4)( c ) were amended to increase the threshold for the requirement to provide a purchaser with a certified financial and compliance audit report from $25,000 to $100,000 for care and services purchased. Effective January 1, 2018, both the Department of Health Services (DHS Audit Guide) and the Department of Children and Families (Provider Agency Audit Guide) implemented this audit requirement increasing the threshold from $25,000 to $100,000. The increase to the audit threshold is in effect for contract periods that began on or after January 1, 2018.
I am a senior manager in the Manitowoc, WI, office where I provide audit services to nonprofit organizations, commercial entities, governmental entities and employee benefit plans. In addition, I work with compilation and review engagements. I joined Hawkins Ash CPAs in 1999 and am a member of the Employee Benefit Plan and Nonprofit Service Groups.
