Tag Archives: AICPA

2016 Compliance Supplement Release is Days Away

We have some news on the Office of Management and Budget’s (OMB’s) 2016 Compliance Supplement.  It hasn’t been released yet, but it’s close. We’re not ready to post our traditional fireworks picture in honor of its release, but maybe we…

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Anticipation for the 2016 Compliance Supplement Builds

Because it’s been so cool and rainy here in the nation’s capital for the last few weeks, one tended to ignore looking at the calendar and simply assume it surely must be early March. But alas, the sun finally broke…

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Still Waiting on the Release of the Final 2015 Compliance Supplement

Long time readers of this blog may be familiar with a tradition that we have continued since we launched this site in 2011. As we continue to wait for the Office of Management and Budget to issue the Compliance Supplement,…

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Sneak Preview: Data Collection Form Process Changes Coming

(The following was excerpted from an article in the Single Audit Information Service.) Auditees and auditors preparing the Data Collection Form to submit with a single audit reporting package to the Federal Audit Clearinghouse should be aware of process changes…

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Sneak Preview: New Guidance Calls for Audit Quality Study in 2018

(The following was excerpted from an article in the Single Audit Information Service.) Audit organizations should be aware that the quality of their single audits will be under federal scrutiny in four years under a provision in the Office of…

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OMB Addresses New Procurement Provisions in Uniform Grant Guidance

Leave it to Gil Tran of the Office of Management and Budget to come up with a new way to view grants. Tran, whose presentations at conferences and events are typically amusing and full of anecdotes ranging from songs from…

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Gearing Up to Attend Upcoming Grant-Related Conferences

Fill up the gas tank because we’ll be hitting the road over the next month or so, traveling to various forums and conferences that we expect will provide some worthwhile information on the latest on federal grants management and single…

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Confusion Abounds When Determining OMB Guidance on Subgrants and Contracts

QUACK! Here we are again, comparing grants to ducks. Why? Because the more things change, the more they stay the same. Let me explain.

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OMB’s Uniform Grant Guidance Single Audit Effective Date – Simplified!

We’ve spent a great amount of effort in our articles and handbook updates explaining that the Office of Management and Budget’s uniform grant guidance becomes effective for federal funds awarded on or after Dec. 26, 2014. However, things haven’t been…

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Sneak Preview: Data Collection Form Process Changes Coming

(The following was excerpted from an article in the Single Audit Information Service.) Auditees and auditors preparing the Data Collection Form to submit with a single audit reporting package to the Federal Audit Clearinghouse should be aware of process changes expected…

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