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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. It is considered to be the most important tool of an auditor for a Single Audit.
The OMB Compliance Supplement is a large and extensive guide created by the OMB for Single Audits, and is considered the most important tool of both the auditor and the recipient when performing, or being subject to, a Single Audit. [5]
To facilitate a recipients' compliance with federal laws and regulations, and as well as its annual Single Audit, the OMB created fourteen basic and standard compliance requirements that recipients must comply with when receiving and using such federal assistance. The OMB also provides detailed explanations, discussions, and guidance about them ...
The Federal Audit Clearinghouse (FAC) is an office within the United States federal government.In compliance with the U.S. Office of Management and Budget (OMB) Circular A-133 Revised, the FAC is in charge of receiving, processing and distributing to U.S. federal agencies the Single Audit reporting packages of thousands of recipients of federal assistance.
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Category: Single Audit. 1 language. ... OMB A-133 Compliance Supplement; P. Permanent fund; W. Working Group on Financial Markets
Germany's parliamentary election on Feb. 23 will be the first under new rules designed to cut the size of a parliament that had grown too unwieldy, but they also make vote outcomes harder to forecast.
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024, in New York City. (Michael M. Santiago/Getty Images) (Michael M. Santiago via Getty Images)