Category: Fiscal Laws and Regs

A-133 Appendix A: Data Collection form SF-SAC

The Federal Audit Clearinghouse operates on behalf of the Office of Management and Budget (OMB) and its primary purposes are:

  1. To disseminate audit information to Federal agencies and the public.
  2. To support OMB oversight and assessment of Federal award audit requirements.
  3. To assist Federal cognizant and oversight agencies in obtaining OMB Circular A-133 data and reporting packages.
  4. To help auditors and auditees minimize the reporting burden of complying with Circular A-133 audit requirements.
According to OMB A-122 non-government entities that expend at least $500,000 in a fiscal year are required to complete the SF-SAC online which can be found here:

 

Federal Office of Management and Budget (OMB) Circulars

The Federal Office of Management and Budget (OMB) issues directives that apply to all federal agencies about administration, cost principles and accounting, and auditing requirements. These directives also apply to the grantees and subgrantees of federal agencies, including state units on aging, area agencies on aging, and subgranted senior service providers.

Here is page that links each OMB Circular http://www.whitehouse.gov/omb/circulars_default