Uniform Administrative Requirements, Cost Principles, and Audit Requirements

Published date05 June 2024
Record Number2024-12311
Citation89 FR 48131
CourtManagement And Budget Office
SectionRules and Regulations
Federal Register, Volume 89 Issue 109 (Wednesday, June 5, 2024)
[Federal Register Volume 89, Number 109 (Wednesday, June 5, 2024)]
                [Rules and Regulations]
                [Page 48131]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2024-12311]
                Rules and Regulations
                 Federal Register
                This section of the FEDERAL REGISTER contains regulatory documents
                having general applicability and legal effect, most of which are keyed
                to and codified in the Code of Federal Regulations, which is published
                under 50 titles pursuant to 44 U.S.C. 1510.
                The Code of Federal Regulations is sold by the Superintendent of Documents.
                Federal Register / Vol. 89, No. 109 / Wednesday, June 5, 2024 / Rules
                and Regulations
                [[Page 48131]]
                2 CFR Part 200
                Uniform Administrative Requirements, Cost Principles, and Audit
                AGENCY: Office of Management and Budget.
                ACTION: Guidance.
                SUMMARY: This document announces the availability of the 2024
                Compliance Supplement (2024 Supplement) for the Office of Management
                and Budget's guidance on uniform administrative requirements, cost
                principles, and audit requirements for Federal awards. This document
                also offers interested parties an opportunity to comment on the 2024
                DATES: The 2024 Supplement replaces the 2023 Supplement (issued in May
                2023). The Supplement applies to fiscal year audits that cover any
                period beginning after June 30, 2023. Comments on the 2024 Supplement
                must be in writing and received by August 5, 2024. Late comments will
                be considered to the extent practicable. Comments will be reviewed and
                addressed, when appropriate, in the guidance provided through the 2025
                Compliance Supplement.
                ADDRESSES: Electronic mail comments may be submitted to
                [email protected]. Please include ``2 CFR Part 200 Subpart F--
                Audit Requirements, Appendix XI--Compliance Supplement--2024'' in the
                subject line and the full body of your comments in the text of the
                electronic message and as an attachment. Please include your name,
                title, organization, postal address, telephone number, and email
                address in the text of the message. Submission of comments is
                voluntary. Information you provide will be used to inform sound
                decision-making regarding guidance provided through the 2025 Compliance
                Supplement. Please note that all submissions received in response to
                this notice may be released in their entirety, including any personal
                and business confidential information provided. Do not include in your
                submissions any copyrighted material; information of a confidential
                nature, such as personal or proprietary information; or any information
                you would not like to be made publicly available. The OMB System of
                Records Notice, OMB Public Input System of Records, OMB/INPUT/01, 88 FR
                20913 (https://www.federalregister.gov/documents/2023/04/07/2023-07452/privacy-act-of-1974-system-of-records), includes a list of routine uses
                associated with the collection of this information.
                 The 2024 Supplement is available online on the OMB home page at the
                subpage for the Office of Federal Financial Management at: https://www.whitehouse.gov/omb/office-federal-financial-management/.
                FOR FURTHER INFORMATION CONTACT: Recipients and auditors should contact
                their cognizant or oversight agency for audit or Federal awarding
                agency, as appropriate. The Federal agency contacts are listed in
                Appendix III of the Supplement. Subrecipients should contact their
                pass-through entity. Federal agencies should email
                [email protected].
                SUPPLEMENTARY INFORMATION: The 2024 Supplement (2 CFR part 200, subpart
                F, and appendix XI to Part 200) amends the 2023 Supplement by adding
                new programs, removing programs where appropriate, and providing
                updates on other programs where necessary. As part of the development
                of the audit guidance contained in the Supplement, OMB shared the draft
                language developed by the agencies with recipient and audit
                stakeholders, including the American Institute of Certified Public
                Accountants (AICPA), the National Association of State Auditors,
                Controllers and Treasurers (NASACT), the U.S. Government Accountability
                Office (GAO), and agency Inspector General offices for comments. The
                comments were reviewed, adjudicated, and addressed by the relevant
                agencies and OMB. All necessary changes are reflected in the final
                published version.
                Deidre A. Harrison,
                Deputy Controller, performing the delegated duties of the Controller,
                Office of Federal Financial Management.
                [FR Doc. 2024-12311 Filed 6-4-24; 8:45 am]
                BILLING CODE 3110-01-P

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