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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.
In the United States, the Single Audit, Subpart F of the OMB Uniform Guidance, is a rigorous, organization-wide audit or examination of an entity that expends $750,000 or more of federal assistance (commonly known as federal funds, federal grants, or federal awards) received for its operations.
To facilitate a recipients' compliance with federal laws and regulations, and as well as its annual Single Audit, the OMB created fourteen basic and standard compliance requirements that recipients must comply with when receiving and using such federal assistance. The OMB also provides detailed explanations, discussions, and guidance about them ...
The White House is pausing federal grants and loans starting Tuesday as President Trump’s administration begins an across-the-board ideological review of its spending. AFP via Getty Images
The directive requires agencies to identify and “review all federal financial assistance programs and supporting activities consistent with the president’s policies and requirements,” while ...
“The funding pause directed by the Jan. 27, 2025, OMB memorandum only applies to discretionary grants at the Department of Education," said Madi Biedermann, spokesperson for the U.S. Department ...
Project grants are the most common form of grants and a large number are found in scientific research, technology development, education (such as Federal Pell Grants), social services, the arts and health care types of assistance. [citation needed] Formula grants provide funds as dictated by a law. Examples of this type of grant includes Aid to ...
The OMB's order to pause all federal grants is effective at 5 pm Tuesday. Nonprofits are unclear about the scope of the order. ... Federal grants are behind numerous services, including SNAP ...