A Look at 2024 OMB Uniform Guidance Updates By: Kellie Brungard, GPC
Assel Grant Services
JULY 21, 2024
The most recent updates are for 2024. The OMB’s recently approved revisions will go into effect on October 1, 2024. These revisions address key barriers prospective organizations encounter, such as language or indirect cost rates. What updates were made? Raising the level of single audit requirements from $750,000 to $1,000,000.
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