Omb circular a 133 pdf

OMB Circulars and Guidance. Pt. 225, App. 4. Audit costs and related services. a. The costs of audits required by , and per-formed in accordance with, the Single Audit Act, as implemented by Circular A-133, ''Au-dits of States, Local Governments, and Non-Profit Organizations'' are allowable. A133 Audits of States Local Governments and NonProfit Organizations CReATE May 2013 Cathi Bass Grants Compliance Manager Sponsored Research Accounting Services General Purpose Provides Download Presentation - The PPT/PDF document "OMB Circular" is the property of its rightful owner. OMB Circulars in Numerical Sequence. OMB Circular A-1, System of Circulars and Bulletins to Executive OMB Circular A-21, Cost Principles for Educational Institutions (05/10/2004) HTML or PDF OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations Criteria The OMB Circular A-133 Compliance Requirement, Subrecipient Monitoring, requires the pass-through entity to perform monitoring during the award. Management will cause implementation of control process to ensure that subrecipient's current A-133 report is obtained. OMB Circular A-123, Management's Responsibility for Internal Control. The safeguarding of assets is a subset of all of these objectives. Internal control should be designed to provide reasonable assurance regarding prevention of or prompt detection of unauthorized acquisition, use or disposition of assets. The OMB A-133 Compliance Supplement is a large and extensive United States federal government guide created by the Office of Management and Budget (OMB) and used in auditing federal assistance and federal grant programs, as well as their respective recipients. List of Selected Items of Cost Contained in 2 CFR part 200. The following exhibit provides a listing of selected items of cost contained in the cost principles in 2 CFR part 200, subpart E. Several cost items are unique to one type of entity (e.g., commencement and convocation costs are applicable only to OMB Circular A-133 was revised (Federal Register June 27, 2003) to raise the audit expenditure threshold for all recipients, including state and local governments to $500, 000. The provisions of OMB Circular A-133 Revised and the $500,000 threshold remain effective for fiscal years ending after Per the OMB webpage (omb.gov), this "Uniform Guidance" "will supersede requirements from OMB Circulars A-21, A-87, A-110, and A-122 (which have been placed in 2 C.F.R. Parts 220, 225, 215, and 230); Circulars A-89, A-102, and A-133; and the guidance in Circular A-50 on Single Audit Acces PDF Omb Circular A 133. extremely usable audit guide. OMB Circular A-133 Exposure Draft Not-for-profit Organization Audits With Single Audits, 2007-2008 Preparation, Submission, and Execution of the Budget Single Audit Act Amendments of 1996 Financial Statements and Reports Supplement, OMB Circular Number A-133 2009 hearing before the Subcommittee on Government Efficiency, Financial Management and A-133, Compliance Supplement, June 2010 Status of States' and Localities' Use of Funds and Efforts to Ensure Accountability 34-CFR-Vol-1 Update on the OMB Circular A-87 will have a policy review three years from the date of issuance. 11. Effective Date. This Circular is effective as follows c. The cost of agreed-upon procedures engagements to monitor subrecipients who are exempted from A-133 under section 200(d) are allowable, subject to the OMB Circular A-87 will have a policy review three years from the date of issuance. 11. Effective Date. This Circular is effective as follows c. The cost of agreed-upon procedures engagements to monitor subrecipients who are exempted from A-133 under section 200(d) are allowable, subject to the OMB circular A-133: compliance supplement. 2003, Executive Office of the President, Office of Management and Budget, For sale by the Supt. of Docs., U.S. G.P.O. in English. June 2016. Other Clusters. OTHER CLUSTERS. Programs Included in this Supplement Deemed to Be Other Clusters. Agency. CFDA No. Name of Other Cluster/Program. Foreign Food Aid Donation Cluster. USDA. None None. Food for Progress Program Section 416(b) Program. SNAP Cluster. USDA.