Tag Archives: OMB

Looking Forward to Reviews Slated for 2018

We here at Thompson are always trying to keep an eye on the future of grants and as we prepare to head into 2018, we are very curious to see what will develop as two provisions of the Office of…

LinkedInShare

Sneak Preview: OMB Assessing Uniform Guidance Revisions Stemming from New Laws

(The following was excerpted from a recent article in the Federal Grants Management Handbook.) The Office of Management and Budget (OMB) is evaluating how several federal laws will necessitate changes to the uniform grant guidance, an OMB grants official told…

LinkedInShare

Sneak Preview: OMB Allows Agencies To Adjust Rules For Entities Hit by Hurricanes

(The following was excerpted from a recent article in the Federal Grants Management Handbook.) The Office of Management and Budget (OMB) has issued a memorandum to federal agencies that would allow them discretion to amend certain pre-award and post-award federal…

LinkedInShare

COGR Letter to OMB Seeks Amendment to Payment Provision

The 2017 Office of Management and Budget (OMB) Compliance Supplement has been available for a couple of months now, but one group now is strongly urging OMB to make a change to it. For that matter, it also want to…

LinkedInShare

Sneak Preview: Agencies Urged To Reduce Improper Payments

(The following was excerpted from a recent article in the Single Audit Information Service.) A key official with the Office of Management and Budget (OMB) recently encouraged federal financial officials to identify ways to reduce improper payments in their agencies…

LinkedInShare

Sneak Preview: Revised FAQ Answers Numerous New Single Audit Questions

(The following was excerpted from a recent article in the Single Audit Information Service.) Nonfederal entities that have a single audit performed under Subpart F of the Office of Management and Budget’s (OMB) uniform grant guidance may not allow their…

LinkedInShare

Still Waiting To Read the 2017 Compliance Supplement by Part

Television commercials can often generate the greatest expressions. Lately, I’ve been thinking about a 1980s-era Wendy’s commercial where they feature the tagline “Parts is parts!” Why? Just consider where we stand with the 2017 Office of Management and Budget Compliance…

LinkedInShare

What a Week! OMB Releases Three Key Documents

As is our annual tradition, when the Office of Management and Budget releases its Compliance Supplement, we halt the presentation of the snail pictures and offer up some fireworks. This year is no different. However, I feel like we should…

LinkedInShare

A Year Later, OMB Issues Revision to Uniform Guidance FAQ

You would normally think August would be a good time to ease off on big news from the financial assistance front. Not so much, it seems. Still, we’re definitely not complaining.

LinkedInShare

OMB Controller Alert Provides Few Details About Disbanding of COFAR

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…

LinkedInShare