Updated single audit guidance provided by OMB in 2021 Compliance Supplement

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Updated single audit guidance provided by OMB in 2021 Compliance Supplement

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Some requirements for single audits were clarified with the issuance of the 2021 Compliance Supplement by the Office of Management and Budget. Some questions remain, though, and OMB is expected to issue two addenda with additional guidance.
Source: JOA News
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