2013 A-133 Compliance Supplement Released
The Office of Management and Budget (OMB) has released the 2013 A-133 Compliance Supplement. As usual, the document contains new programs and modifications to existing programs. There are also numerous revisions to the compliance requirements for programs funded through the Recovery Act.
Perhaps the most significant change relates to the ongoing confusion regarding the simplified acquisition threshold. The Supplement states that the $100,000 threshold remains the government-wide policy and auditors should continue to test for that threshold. The exception is when “an agency/program has issued guidance raising the threshold or the increased threshold is specified in the terms and conditions of the award.”
The Compliance Supplement can be found at: https://www.whitehouse.gov/omb/circulars/a133_compliance_supplement_2013.