Special Features and Updates
OMB Issues 2010 A-133 Compliance Supplement
Washington, Aug. 3 – The Office of Management and Budget has issued the long-awaited 2010 Circular A-133 Compliance Supplement that contains a number of requirements for auditors conducting single audits to follow when evaluating a grantee’s Section 1512 reports under the American Recovery and Reinvestment Act, along with details related to the new Federal Financial Form (SF-425). It will apply to audits of fiscal years beginning after June 30, 2009.
DOT OIG Urges Greater Bridge Repair Oversight
Washington, July 23 – Poor data and outdated regulations are hampering the Federal Highway Administration’s efforts to ensure that states effectively use federal funds to repair their most deficient bridges, a key official with the Department of Transportation’s Office of Inspector General recently told a congressional panel.
ED Official: Fully Document Odd ARRA Expenditures
Washington, July 16, 2010 — Purchases of iPods. Payments to Disney. Contracts with Harley-Davidson.
GAO Calls for Clearer ARRA Project Narratives
Washington, July 7 – Recipients of American Recovery and Reinvestment Act awards can make it easier for the public to see how they are using tax dollars by clearly stating what they are doing with the funds in the project narrative sections of their quarterly reports, according to the Government Accountability Office.
