Recovery Act Resource Center

    Recovery Act Resource Center 

    The AICPA Governmental Audit Quality Center (GAQC) helps member CPA firms meet the challenges of performing quality audits. The passage of the American Recovery and Reinvestment Act of 2009 (Recovery Act) is certain to result in new challenges for auditors that perform audits under Office of Management and Budget (OMB) Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. This GAQC Resource Center is intended to provide members with a “one-stop” repository location to more easily locate various GAQC Recovery Act communications, other related GAQC tools and resources, and links to other Web sites that may provide information to assist auditors going forward. Keep in mind that the Center will continue to push timely information and updates out to member firms via GAQC Alerts, GAQC Updates, and Center calls.

    If you are not a member firm and would like to learn more about membership in the GAQC, click here.

    GAQC Tools

    OMB Guidance on the Recovery Act

    Other Useful Web Sites, Tools, and Information


    The Recovery Act, issued in early 2009, is capturing news headlines around the country. Approximately $300 billion dollars in additional federal funds are being passed down from federal agencies to entities that are generally subject to single audit such as state and local governments and institutions of higher education. These federal funds are intended to either supplement existing federal programs (e.g., existing block grants for states), create new programs, or to provide more broad fiscal relief. In some cases, the funds will be passed directly to states or institutions of higher education and spent at that level. In other cases, direct recipients of Recovery Act federal funds will pass the funds through to subrecipients such as local governments or not-for-profit organizations. For this reason, the law mandates that there be an unprecedented amount of oversight and transparency around the spending of all funds associated with the law. Single audits will be impacted starting with June 30, 2009, year-ends, with more of an effect expected for single audits of year-ends thereafter. 

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    Recovery Act Resource Center - GAQC Tools

    Article This page contains a list of tools being offered by the GAQC, as well as a summary of communications that the Center has issued to member firms regarding the Recovery Act. Some of these tools are open and available to the general public as a public service.
    Published on January 07, 2015

    Recovery Act Resource Center - OMB Guidance on the Recovery Act

    Article The OMB has issued various documents that provide guidance to auditors and program managers. This page contains a list of guidance issued thus far by OMB that should be of interest to auditors.
    Published on November 24, 2014

    Recovery Act Resource Center - Other Useful Web Sites, Tools, and Information

    Article Many resources and Web sites are available to auditors performing single audit engagements with Recovery Act funds.  This page provides a list of useful Web sites, tools and other resources to assist auditors in performing these engagements.
    Published on February 12, 2013

    Talking Points for Auditors to Use with Clients Regarding the Recovery Act

    Article The purpose of this nonauthoritative document is to provide member firms with several potential talking points to use with clients that either have already begun receiving Recovery Act funds or will be receiving such funds in the future.
    Published on July 20, 2010

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