Archive for August, 2009
Just a Reminder…
That the new website FederalReporting.gov is now live and both federal agencies and recipients of Recovery Act funds are being encouraged to complete the one-time registration.
Although reporting will not begin until October, agencies are encouraged to register now, well in advance of the October date.
The new site is where recipients will submit the required Recovery Act funding and project reports and where federal agencies will review and comment on the information before it is posted to the public Recovery.gov website.
FederalReporting.gov has an FAQ section, a page where you can download reporting templates, general information about the site and about the Recovery Act, and a live chat feature for those who need assistance registering.
Here’s a Handy Recovery Act Checklist
The online newsletter Government Executive has posted a checklist that may be useful for those responsible for monitoring or administering Recovery Act grants.
The list summarizes the major reporting requirements for the next three months, organized by deadline date.
You can view the checklist here.
OMB Posts New Recovery Act Audit Guidance
OMB has published additional guidance for auditing Recovery Act programs and signaled that even more is on the way.
The guidance was published as an addendum to the 2009 OMB Circular A-133 Compliance Supplement and is now available on OMB’s website. The guidance goes into detail on a number of issues related to auditing these new programs, such as checking allowable and unallowable activities. However, it still does not address one of the more complicated areas of Recovery Act program administration: reporting.
OMB says “at this time, the reporting area indicates only that more substantive coverage of ARRA reporting will be covered in the next Compliance Supplement addendum.”
We’ll let you know as soon as that additional addendum is released.
If you’re interested in learning more about federal grants auditing, check out Management Concepts’ two-day course, Audit of Federal Grants and Cooperative Agreements. Also, our annual Federal Grants Update course is still being offered in locations around the country.