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Title 2 of the Code of Federal Regulations (2 CFR), titled Grants and Agreements, is a United States federal-government regulation.. As of the January 1, 2022 revision, Title 2 comprises two subtitles: Subtitle A, Office of Management and Budget Guidance for Grants and Agreements, [1] and Subtitle B, Federal Agency Regulations for Grants and Agreements.
The GAO identified more than 10,000 grants that had remained active within one major payment systems, even though the grants were clearly inactive or past the end date of the grant period. [2] There is a financial cost associated with maintaining a grant in an open status, as opposed to closing the grant in a timely manner.
[2] Part III: Compliance Requirements – This section provides guidance and description on the 14 types of compliance guidelines established by federal agencies which summarize the compliance with federal laws and regulations in a general way. It also provides the auditor with certain audit objectives and suggested audit procedures to ...
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.
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Uniform Mediation Act: 2003 Uniform Money Services Act: 2000 Uniform Multiple-Person Accounts Act: 1969, 1989 Uniform Nonprobate Transfers On Death: 1989 Uniform Parentage Act: 1973, 2000 Uniform Partition of Heirs Property Act: 2010 Uniform Partnership Act: 1994, 1997 Uniform Periodic Payment of Judgments Act: 1990 Uniform Photographic Copies ...
This section covers compliance with the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (URA). This act provides for uniform and equitable treatment of persons displaced by a federal programs from their homes, businesses, or farms, including assuring just compensation and assisting in relocation. [ 36 ]
The Uniform Prudent Management of Institutional Funds Act (UPMIFA) is a uniform act that provides guidance on investment decisions and endowment expenditures for nonprofit and charitable organizations. As of 2012 [1] UPMIFA is the law in 49 states, the District of Columbia and the U.S. Virgin Islands. [2]