Tag Archives: uniform guidance

2016 Compliance Supplement Provides Auditors with a “Smoothing Option”

It may have taken the Office of Management and Budget (OMB) until this month to finally release the 2016 2 C.F.R. Part 200 Appendix XI Compliance Supplement, but at least it addressed a timely issue that couldn’t wait any longer….

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Sneak Preview: Subrecipients Urged To Understand Indirect Costs

(The following was excerpted from a recent article in the Federal Grants Management Handbook.) Many subrecipients that currently have no negotiated indirect cost rate are opting to accept the 10 percent de minimis indirect cost rate available under the Office…

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Sneak Preview: SF-SAC Issued For Audits Under Uniform Guidance

(The following was excerpted from a recent article in the Single Audit Information Service.) The Office of Management and Budget (OMB) recently released a new Data Collection Form for Reporting on Audits of States, Local Governments, Indian Tribes, Institutions of…

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Which Rules Apply? Uniform Guidance or Former OMB Circulars

One look at the calendar and you can easily tell its July 2016. The uniform guidance has been applicable for federal awards since Dec. 26, 2014. Generally speaking, that now makes a year and half under the Office of Management…

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Uniform Guidance Webcast Coming, But Compliance Supplement Is Still Late

The folks at the Office of Management and Budget (OMB) are keeping us on our toes lately. Last week, OMB sent out a notice that it would be producing a webcast on the uniform grant guidance on Monday, June 27….

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More Federal Agencies Finalize Uniform Guidance Adoption

As we approach President’s Day, it seemed like a perfect time to, once again, assess which federal agencies have finalized their adoption of the Office of Management and Budget’s (OMB’s) uniform grant guidance into their agency regulations, and more importantly,…

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Say Goodbye to 2015 and Hello to 2016!

We are counting down the final hours of 2015 and preparing for a bright new 2016! It will be interesting to see what changes are in store for grant applicants and recipients next year. Maybe next year won’t be quite…

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OMB, COFAR Issue Technical Corrections, New FAQ

It didn’t have much fanfare and you may have missed it, but the Office of Management and Budget (OMB) and the Council on Financial Assistance Reform (COFAR) made some big news last week. Maybe not quite as big as the…

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OMB Releases 2015 Compliance Supplement, Despite Title Complexities

As the line from the Shakespeare novel Romeo and Juliet goes, “What’s in a name?” We’ve been asking ourselves that question as well when reviewing the 2015 Office of Management and Budget Compliance Supplement. Or is it still the 2015…

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COFAR Launches Tool for Stakeholder Feedback on Uniform Guidance

Stakeholder feedback is always a good thing, especially when it comes to initiatives taken by the federal government. As it seeks to ensure that the uniform grant guidance performs as intended — by reducing administrative burden while eliminating fraud, waste…

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