455 - Audit Report Submission and Follow-Up

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 tab within the attached PDF here. Whether a nonfederal entity is audited by an independent auditor whose services have been obtained through competitive procurement or by intergovernmental agreement, or is examined by a federal auditor fulfilling a federal agency requirement for an audit, key questions arise once the audit is… Read More