DATE: April 17, 2003
SUBJECT: 2003 Compliance Supplement to Office of Management and Budget (OMB) Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations
SOURCE: Federal Register, April 17, 2003, Vol. 68, No. 74, page 19039
AGENCY: Executive Office of the President, OMB
ACTION: Notice of Availability
SYNOPSIS: OMB is announcing that the 2003 OMB Circular A-133 Compliance Supplement is available, and it is offering parties an opportunity to comment on it. The 2003 Compliance Supplement supersedes the 2002 Compliance Supplement.
EDITOR'S NOTE: The 2002 Compliance Supplement was issued April 4, 2002, and applied to audits of fiscal years beginning after June 30, 2001 (see the April 4, 2002, FEDERAL CONTRACTS DISPATCH "2002 Compliance Supplement to Office of Management and Budget (OMB) Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations").
The OMB A-133 Compliance Supplement identifies important compliance requirements which the federal government expects auditors to consider as part of an audit conducted in accordance with the requirements of the Single Audit Act Amendments of 1996. The compliance supplement is a source of information that helps auditors understand each of the covered federal program's objectives, procedures, and compliance requirements, as well as audit objectives and suggested audit procedures for determining compliance with these requirements. Without this supplement, auditors would need to research many laws and regulations for each program to determine which compliance requirements could have a direct and material effect on a program.
EFFECTIVE DATE: The 2003 Compliance Supplement applies to audits of fiscal years beginning after June 30, 2002, and supersedes the 2002 Compliance Supplement.
All comments on the 2003 Compliance Supplement must be received by October 31, 2003.
ADDRESSES: Copies of the 2003 Compliance Supplement may be purchased at any Government Printing Office (GPO) bookstore (stock numbers: 41-001-00593-5. The main GPO bookstore is located at 710 North Capitol Street, NW, Washington, DC 20401, 202-512-0132. A copy may also be obtained under the "Circulars" heading from the OMB home page on the Internet at http://www.whitehouse.gov/omb.
Due to potential delays in receipt and processing of mail sent through the U.S. Postal Service, OMB is encouraging respondents to submit comments electronically. E-mail comments may be submitted to: email@example.com. Include "A-133 Compliance Supplement -- 2003" in the subject line and the full body of the comments in the text of the electronic message and as an attachment. Include the name, title, organization, postal address, telephone number, and e-mail address of the respondent in the text of the message. Comments may also be submitted by fax to 202-395-4915.
Comments may be mailed to Terrill W. Ramsey, Office of Federal Financial Management, Office of Management and Budget, Room 6025, New Executive Office Building, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Recipients should contact their cognizant or oversight agency for audit or federal awarding agency, as appropriate. Subrecipients should contact their pass-through entity. Federal agencies should contact Terrill W. Ramsey, OMB, Office of Federal Financial Management, Financial Standards, Reporting and Management Integrity Branch, 202-395-3993.
SUPPLEMENTAL INFORMATION: On April 4, 2002, OMB issued a notice of availability of the 2002 OMB Circular A-133 Compliance Supplement, and offered interested parties an opportunity to comment on it. OMB received six comments, and changes were made where appropriate.
The 2003 Compliance Supplement has been updated to add four programs, make program changes, and make technical corrections. A list of changes to the 2003 Compliance Supplement can be found at Appendix 5 of the supplement.
FOR FURTHER INFORMATION CONTACT: Panoptic Enterprises at 703-451-5953 or by e-mail to Panoptic@FedGovContracts.com.
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