OMB: Major Program Determination Changes Would Target Weaknesses

March 25, 2013 at 07:54:00 ET
The Office of Management and Budget contends that altering the current process for determining an auditee’s major programs in its proposed grant reform guidance would result in more targeted single audit coverage of programs with internal control weaknesses. After issuing an advance notice of proposed guidance suggesting reforms to grants management and single audits in February 2... Read More