New Guidance Makes Federal Audit Clearinghouse Repository of Record

Federal awarding agencies and their auditees may be familiar with the Federal Audit Clearinghouse for submitting their current Office of Management and Budget Circular A-133 single audit reports. However, under OMB’s new grant reform guidance, previously known as the “supercircular,” the FAC will take on an even more important role as the central repository for single audit report s... Read More