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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, 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.
This compliance requirement establishes that any non-federal recipient of federal assistance that passes that assistance, whether in part or in total, to another recipient (known as pass-through entities and subrecipients, respectively) is responsible to monitor the federal assistance activities of that subrecipient, as well as assure that they ...
On January 27, 2025, memo M-25-13 was released by Matthew Vaeth, acting director for the Office of Management and Budget (OMB). [1] [2] The memo said that the federal government of the United States in fiscal year 2024 spent over $3 trillion in federal "financial assistance, such as grants and loans", criticized the usage of "resources to advance Marxist equity, transgenderism, and [Green New ...
The Monday memo from President Donald Trump’s Office of Management and Budget sought to pause spending while officials determined whether recipients of federal grant money were using it in ways ...
Senate Minority Leader Chuck Schumer (D-N.Y.) is holding a press conference Wednesday morning to respond to the Trump administration’s federal grant freeze. The White House directed federal ...
The Community Services Block Grant (CSBG) provides federal funding for Community Action Agencies (CAAs) and other programs that seek to address poverty at the community level. Like other block grants, CSBG funds are allocated to the states and other jurisdictions (including tribes, the District of Columbia, the Commonwealth of Puerto Rico, and ...
A federal judge late Tuesday temporarily blocked the funds freeze. The order came just minutes before the edict was scheduled to go into effect at 5 p.m. EST. Show comments