Raising the Audit Threshold: Decreasing Burden or Increasing Costs?

One of the changes in the Office of Management and Budget’s proposed revision of federal grants policies could have a hidden impact on grantseeking organizations. In February, OMB issued "Proposed OMB Guidance: Cost Principles, Audit, and Administrative Requirements for Federal Awards," a draft document to overhaul grants management requirements (See Local/State Funding Report, Fe... Read More