Key sections of the OMB Uniform Guidance
Resources
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
Business woman using calculator with pen in hand
Resources

Key sections of the OMB Uniform Guidance

4 years ago · 1 min read

The U.S. Office of Management and Budget (OMB) issued Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) as a "government-wide framework for grants management." Included in that framework are the federal regulations for the performance of single audits. The Uniform Guidance supersedes and streamlines requirements from eight different grant circulars into one set of guidance contained in Title 2 of the Code of Federal Regulations, as follows:

  • Subpart A contains acronyms and definitions used throughout the Guidance.

  • Subpart B discusses general provisions including the purpose of the Guidance, its applicability, and effective date.

  • Subpart C covers administrative requirements directed primarily at federal agencies including pre-award activities and requirements for the contents of federal awards.

  • Subpart D includes many of the administrative requirements that will be areas of focus for your clients including procurement, internal control, and subrecipient monitoring.

  • Subpart E includes reforms to the Cost Principles previously found in Circulars A-21, A-87, and A-122; and

  • Subpart F includes the reforms to single audit requirements which were previously found in Circulars A-133 and A-50.

  • Various Appendices. There are numerous appendices, and they are as follows:

    • Appendix I - Full Text of Notice of Funding Opportunity

    • Appendix II - Contract Provisions for Non-Federal Entity Contracts Under Federal Awards

    • Appendix III - Indirect (F&A) Costs Identification and Assignment, and Rate Determination for Institutions of Higher Education (IHEs)

    • Appendix IV - Indirect (F&A) Costs Identification and Assignment, and Rate Determination for Nonprofit Organizations

    • Appendix V - State/Local Governmentwide Central Service Cost Allocation Plans

    • Appendix VI - Public Assistance Cost Allocation Plans

    • Appendix VII - States and Local Government and Indian Tribe Indirect Cost Proposals

    • Appendix VIII - Nonprofit Organizations Exempted From Subpart E of Part 200

    • Appendix IX - Hospital Cost Principles

    • Appendix X - Data Collection Form (Form SF-SAC)

    • Appendix XI - Compliance Supplement

    • Appendix XII - Award Term and Condition for Recipient Integrity and Performance Matters

What did you think of this?

Every bit of feedback you provide will help us improve your experience

What did you think of this?

Every bit of feedback you provide will help us improve your experience

Mentioned in this article

Topics

Subtopics

Manage preferences

Related content