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What is Waste? Stakeholders Call for GAGAS Clarity from GAO

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Ask anyone who knows me and they’ll agree that I can relate anything in life to an episode of M*A*S*H. One of my favorites was an episode early in Season 3 in which Harry Morgan, prior to returning to play…

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July 31, 2017

Research Organizations Blast DOE’s Onerous Award Requirements

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Several organizations representing research universities expressed frustration with the Department of Energy’s (DOE) onerous requirements placed on federal awards to research institutions. Earlier this month, the Association of American Universities, Association of Public and Land-Grant Universities and the Council on…

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July 26, 2017

Sneak Preview: Auditors Making Internal Control Testing Errors

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(The following was excerpted from a recent article in the Single Audit Information Service.) Even though audit industry standards and provisions in the Office of Management and Budget’s uniform guidance require firms conducting single audits to perform procedures to obtain…

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July 20, 2017

Governors Express Support for Early Childhood Education

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While Congress has its hands full determining what to do with health care concerns and other issues making the headlines, the nation’s governors recently stressed that there is another topic that is just as important and desperately needs attention —…

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July 19, 2017

Sneak Preview: Comments Requested on CDER Library Definitions

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(The following was excerpted from a recent article in the Federal Grants Management Handbook.) Officials overseeing the Common Data Elements Repository (CDER) Library are asking grant recipient stakeholders to suggest potential common definitions for thousands of data elements within the…

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July 12, 2017

OMB Controller Alert Provides Few Details About Disbanding of COFAR

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Upon learning about the Office of Management and Budget’s (OMB) memorandum to disband the Council of Financial Assistance Reform (COFAR) last month, two questions have been on our minds — why did this happen and what are the next steps…

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July 5, 2017

Sneak Preview: Guidance Recommended for IGs Reporting on IPERA

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(The following was excerpted from a recent article in the Single Audit Information Service.) The Council of the Inspectors General on Integrity and Efficiency (CIGIE) said it would be willing to work with the Office of Management and Budget (OMB)…

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July 3, 2017

AICPA Project Finds Better Audits Come with Experience

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Practice makes perfect. That expression can apply to many topics ranging from playing the piano to swinging a golf club. A recent sampling project also shows that it can apply to single audits as well.

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June 28, 2017

Sneak Preview: Federal Debarment, Suspension Numbers Decline

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(The following was excerpted from a recent article in the Federal Grants Management Handbook.) A growing trend by federal awarding agencies toward using administrative agreements and other alternative methods to address recipient responsibility is effecting the overall number of suspensions…

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June 23, 2017

AICPA, CIMA Launch Global Association as Nonprofit Conference Starts

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Some organizational acronyms pretty much don’t need too much thought. In the food industry, most of us are familiar with IHOP and KFC. In the federal government, you typically don’t have to tell someone the full name of agencies such…

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June 21, 2017
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Across the grants lifecycle and across the grants community, Funding Attractions is Thompson's official blog for critical news, analysis, debates and commentary related to funding.

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