Tag Archives: AICPA

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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Getting into Gear on the Grant Reforms

It isn’t much, but at least we have some new information on the latest on the Office of Management and Budget’s proposed guidance to reform grants management and single audit oversight. I would doubt anyone has ever called OMB’s policymaking…

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Earth May Be Still, But Nerves Are Still Shaking

Around this time of year, I tend to become a bit anxious. I could say it has something with back-to-school shopping but that’s a whole other blog post topic. This time I’m referring to something a little more out of…

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Sneak Preview: Nonprofits Encouraged To Identify Funding Source

(The following was excerpted from an article in the Federal Grants Management Handbook). Nonprofit organizations receiving funds from pass-through entities should not simply rely on the pass-through entity to tell them whether or not they are receiving federal grant funds,…

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