The National Defense Authorization Act for Fiscal Year 2018 bill authorizes appropriations and sets forth policies for Department of Defense (DOD) programs and activities, including military personnel strengths. It does not provide budget authority, which is provided in subsequent appropriations legislation. Continue reading Congress Approves NDIA 2018
Category Archives: Regulatory Updates
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. Continue reading OMB 2017 Compliance Supplement Available for Audit Planning
COFAR Disbandment and the 2 CFR 200 FAQs You Need to Know
On June 15, 2017, through Memorandum M-17-26, the Office of Management and Budget (OMB) disbanded the Council on Financial Assistance Reform (COFAR). Originally established in 2011, the COFAR was an interagency group of Executive Branch officials that coordinated financial assistance on grants and cooperative agreements, integrating the uniform grant guidance (2 CFR 200), as well as ideas and best practices among executive departments and agencies. Continue reading COFAR Disbandment and the 2 CFR 200 FAQs You Need to Know
