The Office of Management and Budget’s Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”) made it a requirement for any entity that passes federal funds (the “pass-through entity”) to non-profit entities or other governments to monitor those subrecipients.
In this blog post below, we explain and define major terms regarding subrecipient monitoring and its related procedures.
Refer to this list when reading other blog posts in our subrecipient monitoring series, in which will cover topics such as the Uniform Guidance requirements, distinguishing subrecipients from contractors, risk assessment for subrecipients, and several others.
Below are definitions of key terms related to monitoring subrecipients:
(b) Who is responsible for completing each task; and
(c) The date by which each task will be completed.
It can include a demonstration that a finding is either invalid or does not
warrant auditee action.
(b) Reliability of reporting for internal and external use; and
(c) Compliance with applicable laws and regulations
Watch for upcoming blog posts about Subrecipient Monitoring, such as:
If you have questions or would like advice on how to implement the recommendations in this blog post in your organization, Kevin is available to answer questions via phone or email at no cost to you:
Kevin Harper, CPA
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