NASACT Creates Work Group on Uniform Guidance
8/14/2016
NASACT
First Call is August 30
Sunday, August 14, 2016
by: NASACT

Section: NASACT




NASACT is creating a new work group to discuss issues surrounding implementation of the U.S. Office of Management and Budget’s final guidance implementing changes to uniform administrative requirements, costs principles, and audit requirements for federal awards (“Uniform Guidance”).
 
The guidance amends existing grant policy and specifically covers three areas: administrative requirements, cost principles and single audit. Further, the guidance supersedes 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 Act follow-up.  Any non-federal entity who received a new award or who drew down funds on existing awards after December 26, 2014 should be following the new guidance. Audit requirements were applicable to fiscal years beginning on or after December 26, 2014.
 
George Strudgeon, audit director, Office of the Auditor of Public Accounts (VA), and Shirley Browne, deputy controller, Office of the State Controller (ME), have agreed to co-chair this new work group.  
 
The first call of the workgroup will be on August 30 at 2:00 pm ET. Please contact Cornelia Chebinou by Thursday, August 25, if you or someone from your office with responsibily over the Uniform Guidance (or has an interest) will participate. Ideas for topics to discuss on the first call may also be sent to Cornelia.
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