OMB 2017 Compliance Supplement Available for Audit Planning

The Office of Management and Budget (OMB) issued its final 2017 Audit Requirements, Appendix XI, Compliance Supplement on August 16, 2017. The Supplement is a necessary reference source for single audits performed for periods beginning after June 30, 2016, providing Federal program objectives, procedures, and compliance requirements, as well as audit objectives and suggested procedures for determining compliance with these requirements. Appendix V of the 2017 Supplement contains a list of changes from the 2016 Supplement.