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The OMB A-133 Compliance Supplement is a large and extensive United States federal government guide created by the Office of Management and Budget (OMB) and used in auditing federal assistance and federal grant programs, as well as their respective recipients. It is considered to be the most important tool of an auditor for a Single Audit.
The "uniform capitalization rules" or UNICAP rules were essentially a codification of the result of case of Commissioner v.Idaho Power Co., 418 U.S. 1 (1974) The UNICAP rules require a taxpayer to capitalize all direct and indirect costs that they incur in the production of real or tangible personal property that are allocable to that property.
In the United States, federal grants are economic aid issued by the United States government out of the general federal revenue. A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States.
In 1970, Congress established the original Cost Accounting Standards Board (CASB) to promulgate cost accounting standards designed to achieve uniformity and consistency in the cost accounting principles followed by defense contractors and subcontractors in excess of $100,000, and to establish regulations to require defense contractors and subcontractors, as a condition of contracting, to ...
Oct. 27—Earlier this month, U.S. Rep. Marie Gluesenkamp Perez, D-Washougal, and Rep. Virginia Foxx, R-North Carolina, introduced a bill meant to "standardize and coordinate" administration of ...
When talking about one specific instance of a grant given to a student, the "g" is not capitalized. As in Bashen's example above, "Susan received a grant dispensed through the Federal Pell Grant program." If you follow this rule, there seems to be many capitalization errors in the article.24.78.109.120 22:43, 16 December 2008 (UTC)
A formula grant is a United States federal grant specifying a precise formula in the legislation creating the program. Formula grants include quantifiable elements, such as population, amount of tax effort, proportion of population unemployed or below poverty level, density of housing, or rate of infant mortality.
Rebuilding American Infrastructure with Sustainability and Equity (RAISE) is an American federal government program administered by the United States Department of Transportation. Originally known as Transportation Investment Generating Economic Recovery ( TIGER ), it began as supplementary discretionary grant program included in the American ...