Optimizing audit and monitoring effectiveness under changes to OMB Circular A-133.: An article from: Government Finance Review

This digital document is an article from Government Finance Review, published by Government Finance Officers Association on August 1, 1998. The length of the article is 2971 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The US Office of Management and Budget (OMB) has rescinded the US Single Audit Act of 1984 by passing the Single Audit Act Amendments of 1996. The law created changes in Circular A-133 and raised the threshold for subgrantees from $25,000 to $300,000 which applies to governments and nonprofit organizations. The move was aimed at reducing grantee audits to 16,000 from 26,000. However, OMB estimates showed that conforming with the legislation would only decrease the average burden of hours by less than 5%.

Citation Details
Title: Optimizing audit and monitoring effectiveness under changes to OMB Circular A-133.
Author: Robert W. Melton
Publication:Government Finance Review (Magazine/Journal)
Date: August 1, 1998
Publisher: Government Finance Officers Association
Volume: v14 Issue: n4 Page: p29(4)

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