Tag Archive | single audit

Preparing for Subpart F of the Uniform Grant Guidance

The final phase of the Office of Management and Budget’s Uniform Grant Guidance is nearly here, which means nonfederal agencies should be gearing up for the changes coming to their Single Audits. OMB released 2 CFR 200: Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Grant Guidance) in December 2013. The […]

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Key Changes Affecting Your Nonprofit Organization’s A-133 Audit

The Federal Office of Management and Budget (OMB) recently released the final 2012 OMB Circular A-133 Compliance Supplement effective for audits of fiscal years beginning after June 30, 2011. The supplement — among the most critical pieces of guidance related to performing single audits — identifies the important compliance requirements the federal government expects to […]

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