Finally, the Office of Management and Budget has released the 2011 Circular A-133 audit guidance document.
As usual, new programs have been added, other programs have been deleted, and individual program descriptions have been updated. In addition, OMB has added guidance and references relating to Transparency Act reporting, and clarified reporting requirements and auditors’ responsibilities relating to Recovery Act funding.
Watch this blog for additional information in the future. In the meantime, go here to view or download the Compliance Supplement.