OMB Circular A-133 Exposure Draft

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

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

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.

Sep 28, 2018

Sep 20, 2018

Sep 17, 2018

Sep 12, 2018

Sep 5, 2018

Aug 30, 2018

Aug 27, 2018

Aug 15, 2018

Jul 30, 2018

Jul 26, 2018

Looking for more? Browse all our products here