Author : Andrew Shepard-Smith
Publisher :
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.4/5 (562 download)
Book Synopsis Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards by : Andrew Shepard-Smith
Download or read book Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards written by Andrew Shepard-Smith and published by . This book was released on 2021-08-26 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Uniform Guidance, originally published by the Office of Management and Budget (OMB) on December 26, 2014, provided recipients of Federal awards with one standardized set of compliance regulations to assist them in effectively managing their awards. The regulations, found in Title 2 CFR Part 200, superseded eight previous OMB circulars (A-21, -50, -87, -89, -102, -110, -122, and -133). This handbook to serves as a quick guide and reference book for non-Federal entities who may be attempting to submit a grant to a Federal agency, or who have already received an award and wish to understand more about the compliance regulations. In addition to containing the full set of regulations, this handbook also includes easy-to-understand commentary, references to additional and corresponding regulations, links to external sources, and other information. In 2020, OMB revised the regulations in 2 CFR 200 to include additional requirements that ensure consistency with language enacted in National Defense Authorization Acts and the Federal Funding Accountability and Transparency Act (FFATA). Additionally, OMB processed revisions to enhance overall readability and provide clarity in regulatory interpretation. This second edition includes the most recent 2020 regulatory updates as well as updated commentary that reflect additional governmentwide changes. Non-Federal entities who may find this publication of particular use include institutions of higher education (IHEs), hospitals, states, Indian tribes, and non-profit organizations (regardless of their status as a prime awardee or a subrecipient). Individuals who may find this handbook of particular use as a resource include independent auditors, principal investigators, project directors, grant writers, researchers, and research administrators.