Uniform Guidance
Extension of Single Audit Filing Deadlines
On March 19, 2021, the Office of Management and Budget (OMB) released Memorandum M-21-20, Promoting the Public Trust in the…
Increase in Micropurchase Threshold Available Under Certain Qualifications
Under Uniform Guidance procurement guidelines, there is a concept of a micro-purchase threshold under which price analysis or comparison is…
The System for Award Management Integration with beta.SAM.gov
The General Services Administration (GSA) has been working to modernize its systems by merging several legacy systems into beta.SAM.gov. The…
What Should be Included on your SEFA?
Under Uniform Guidance, entities that expend more than $750,000 in federal funds are subject to a single audit. This requires…
OMB Extends Single Audit Submission Deadline
On March 19, 2021, the Office of Management and Budget released OMB Memo M-21-20, Promoting Public Trust in the Federal…
Procurement Policies for Nonprofits
As of January 1, 2018, nonprofit organizations must be in compliance with the new procurement regulations. If you haven’t done…
10 Common Problems When Reporting Time and Effort on Federal Grants
For most nonprofit organizations, personnel salary is among the largest costs of federal grants. Proper documentation of charges for compensation, or…
Deadline for ACA Reporting Extended
On November 18, 2016, the IRS announced (Notice 2016-70) that the deadline for 2016 reporting requirements under Sections 6055 and…