Tab 420 - How To Develop and Maintain a Satisfactory Grant Accounting System
Editor’s note: The following tab has been updated to reflect provisions within the 2024 revisions to the uniform guidance (2 C.F.R. Part 200), which is effective for awards issued on or after Oct.1, 2024. Subscribers seeking analysis on awards received prior to that date that follow the 2020 version of the uniform guidance should refer to this section within the attached PDF here. Tab 420 provides an overview of the requirements for grant accounting and financial reporting (see ¶421) as established by the Office of Management and Budget, various federal agencies and the Government Accountability Office. An analysis of the cost principles applicable to federal grants and the… Read More