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AICPA: GAQC Alert #430 - OMB Releases 2021 Compliance Supplement

The U.S. Office of Management and Budget (OMB) released the 2021 OMB Compliance Supplement (Supplement). After reading this GAQC Alert you will be aware of the following:

  • The effective date and how to access the 2021 Supplement;
  • Key changes and updates made in the 2021 Supplement, including those related to the ongoing implications of the COVID-19 pandemic and the identification of certain programs as "higher risk;"
  • Revised OMB plans for future Addenda to the 2021 Supplement;
  • How to learn more, including an upcoming rebroadcast of our recently held GAQC Web event on the 2021 Supplement to be held on August 31, 2021; and
  • A word of thanks to our GAQC Executive Committee members for their hard work and dedication over the past year and a half. Read more