October 25, 2023

Each year, the U.S. Office of Management and Budget (OMB) updates the Compliance Supplement, which provides auditors with the federal government’s expectations for what they should be addressing as they perform single audits of federal programs under the Uniform Guidance. Understanding these updates and monitoring the developments centralized around single audits will keep your organization compliant and avoid potential findings.

Key objectives:

  • Explain what has changed and what is new in the 2023 Supplement, including programs added, programs removed, and those that have been identified as “higher risk”
  • Provide updates on other recent single audit developments and the latest on the impact of COVID-19 funding
  • Provide updates on the proposed guidance to boost American-made goods in federal infrastructure projects
  • Updates on the movement of the Data Collection Form and single audit filings under the FAC to the GSA

Resources

Presentation Slide Deck

Recording

Tricia Katebini, CPA, MBA

Partner, Audit and Assurance

Email Call