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Gilbert Tran Senior Technical Manager Office of Management & Budget.

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Presentation on theme: "Gilbert Tran Senior Technical Manager Office of Management & Budget."— Presentation transcript:

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2 Gilbert Tran Senior Technical Manager Office of Management & Budget

3 Topics Recovery Act and Its Impact & Coverage in Single Audits 2009 Compliance Supplement Appendix VII Addendum # 1 Single Audit Internal Control Project 11 $787,000,000,000

4 Spending Stimulus take Money Were going to operate in a transparent fashion so that taxpayers know this money is not being wasted on a bunch of boondoggles President Obama, Washington Post, June 12,

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6 OMB Guidance -- 02/18, 04/03, 06/22 Agency use SA for program risk assessment Agency use SA for program monitor Separate ARRA CFDA, separate reporting on SEFA and DCF (including subrecipients) Federal Audit Clearinghouse to display all single audits New Appendix VII of 2009 Compliance Supplement - 05/06 highlights audit requirements for ARRA programs Addendum to the CS -- 08/05 More detail requirements on ARRA programs Guidance on Internal Control Review New Cluster Listing ARRA program compliance requirements in Part 4 11

7 Key Guidance in Appendix VII relates to: CFDA Numbers / Identifying Recovery Act programs Effect of Expenditures of Recovery Act Awards on Major Program Determination Award Terms and Conditions and Compliance Requirements Schedule of Expenditures of Federal Awards (SEFA)

8 New Appendix VII of 2009 Compliance Supplement - 05/06 highlights audit requirements for ARRA programs Require that a type A program receiving Recovery dollars should be listed as a high risk program for single audit purpose and should be included as a major program to be reviewed Require that any cluster with a new Recovery program should be considered as a new program and would not qualify as a low risk Type A program. Include a guide to auditors performing single audits to highlight the new requirements for Recovery funds. 11

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10 Addendum #1 to CS -- 08/05 OverviewPurpose of the addendum Part 2 matrix for added programs (41 new ARRA programs) Part 3 additions to-- (A) Allowable Activities, (D)Davis-Bacon, (I) Procurement, (L) Reporting, (M) Subrecipient Monitoring, (N) Special Tests and Provisions Part 4- Program additions (43 programs including 14 clusters) CFDA , HHS Programs Part 5- Updated and New clusters Part 6- Internal Control 11

11 Early Communication on Internal Controls of ARRA programs Timely & useful information for management and Federal agencies on ARRA Programs Early corrections & Resolution of deficiencies Volunteer States and selected ARRA Programs Selected areas of internal controls Timeframe and Status


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