How changing regulations affect government
OMB Grants Reform Guidebook Driving into the Super Circular
Business as usual? Not where federal grants are concerned.
Single Audit Thought Leadership
Uniform Guidance procurement standards: The time is now!Follow these steps to ensure that your organization is in full compliance with these procurement standards.
Continuing challenges with implementing uniform guidanceUniform guidance implementation requires careful consideration and planning. Here are some of the challenges we've identified — and our suggestions.
Uniform Grant Guidance: What are you missing?As organizations and federal agencies continue the transition to the Uniform Grant Guidance, new implications about the regulations have come to light.
Extreme makeover: OMB remodels grant management guidance (Part 2)The Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (aka the “Supercircular”), issued by the Office of Management and Budget (OMB) will result in significant changes.
Extreme makeover: OMB remodels grant management guidance (Part 1)The Office of Management and Budget (OMB) recently released the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (a.k.a. the “Supercircular”) to streamline and consolidate guidance for grants administration, cost principles, and audit requirements into one document.
Federal grants a vital source of funding to your organization. Our single audit team will provide high quality guidance and reporting you need to comply with the government’s increased demands for transparency and accountability. Our single audit specialists will review your internal controls to ensure they are based on the appropriate framework required for compliance, and verify you are collecting all required information for reporting. We will validate your organization’s decisions, policies, and procedures concerning federal funds, minimizing the likelihood of unallowable activities or compliance issues.
Our team files more than 600 single audits annually. We are the second largest provider of single audits, serving government, higher education, not-for-profit, health care and school districts throughout the nation. The annual expenditures for government programs audited range from $750,000 to $1 billion.
Our compliance audit specialists are well-versed in every aspect of this extensive new uniform guidance assist your transition to the new reforms. Our experts frequently conduct training sessions at conferences and on webinars, sponsored by the AICPA, federal organizations, and state CPA societies. Our knowledgeable, accessible staff provide quick answers and perform audit procedures as efficiently as possible, without wasting your staff's valuable time.We've created proprietary compliance audit programs and tools to enable an efficient audit and ease the burden of implementation, with less time spent responding to questions that may not apply to the specific grant at hand. Your organization will benefit from our single audit experience.
As a charter member of the AICPA Governmental Audit Quality Center (GAQC), and an invited member of the GAQC executive committee and the AICPA Single Audit Roundtable, we are afforded an advanced view of changes that impact the compliance audit, well before issues are distributed to the public. This knowledge positions you to better plan for the impact of changes coming down from the federal level. Our significant relationships with the AICPA, OMB, HUD, Education, EPA and other federal agencies, provides us with a fine-tuned understanding of compliance requirements and the ability to get quick answers to difficult compliance-related questions.