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Special Guest Blog: "What Federal Awards Recipients Need to Know About Uniform Guidance/Program Specific Audits" - Barb Clausen, Clausen & Associates CPA

Posted by Tyler Link on Mon, Jul 25, 2016 @ 12:24 PM

The Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), was officially implemented by the Council on Financial Assistance Reform (COFAR), in December of 2014. Uniform Guidance is a framework for grants management, and supersedes guidance from earlier OMB circulars. Among other things, Uniform Guidance removes previous guidance that is conflicting, establishes standard language and lays the groundwork for Federal agencies to standardize the processing of data.

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Topics: A-133 Audits, DoE Program Specific Audit, NIH Program Specific Audit, yellowbook audit, uniform guidance audit, Clausen & Associates CPA