Single Audit Act of 1984 was passed to provide guidelines for organizationwide audits of federally funded programs. Explanatory notes for Educational Improvement Act (EIA) summer school accounting are given. Section 1 outlines audit requirements established for state and local governments that receive and administer federal assistance. An independent auditors report is described in section 2. Section 3 gives examples of general purpose financial statements. Sections 4 through 12 give sample financial forms for the general fund, special revenue fund, special program, EIA, Target 2000, debt service, school building, food service, and pupil activity funds. Sections 13 and 14 give examples of supplementary schedules. Section 15 describes an auditors report for a schedule of federally-assisted program expenditures and gives CFDA cross-cross-reference numbers. Internal control and compliance reports as well as a compliance supplement for single audit requirements and standards by program are given in sections 16 through 17. Six appendices comprise Section 18. (EJS)