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Preparing for the Uniform Guidance Audit (Formally known as OMB Circular A-133): Are You Ready?

Do you work for a nonfederal entity? Does your organization receive federal grants and awards? Does your organization expend $750,000 or more in these awards in one fiscal year? If you answered yes to all of these questions, then your organization is subject to a what is commonly called a Uniform Guidance audit or formally known as single audit in accordance with the Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.

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