OMB Circular A-133 Exposure Draft

AIMD-95-159R: Published: Jun 19, 1995. Publicly Released: Jun 19, 1995.

Additional Materials:


Office of Public Affairs
(202) 512-4800

GAO commented on the proposed revision to the Office of Management and Budget (OMB) Circular A-133. GAO noted that: (1) entities that receive over $50 million in federal financial assistance should publicly report on the effectiveness of their internal controls over program funds; (2) the triennial approach for single audits would reduce the potential benefits of the revision and could confuse users about the audit reports; (3) all entities subject to the circular's audit provisions should submit a copy of their audit report, for review by federal agency personnel; and (4) the circular should be revised to require summary reporting on the results of single audits.

Jan 19, 2021

Jan 13, 2021

Dec 16, 2020

Dec 9, 2020

Dec 3, 2020

Nov 30, 2020

Nov 24, 2020

Nov 23, 2020

Nov 18, 2020

Looking for more? Browse all our products here