Updates to A-133 and the Single Audit

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As I’m sure you’ve all been hearing, there have been some changes to A-133 and the Single Audit environment. Some of it is confusing and some raise more questions than they answer. Undoubtedly, more will be revealed as more trainings and more guidance becomes available. In the meanwhile, here is some key information to know:

  • The OMB Circulars have been codified and are now all included in 2 CFR Part 200.
  • The short-hand to refer to this is “Super Circular” but we’ll see if that sticks or if we just keep calling it A-133.
  • The changes are effective for years *beginning* after December …read more

    Read more here:: Nonprofit

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