SF-SAC Issued For Audits Under Uniform Guidance

The Office of Management and Budget (OMB) recently released a new Data Collection Form for Reporting on Audits of States, Local Governments, Indian Tribes, Institutions of Higher Education and Nonprofit Organizations (SF-SAC) for audits conducted under Subpart F of OMB’s uniform guidance. Subpart F requires that auditees that expend $750,000 or more annually (§200.501) must submit ... Read More