Examples of Federal awards in a sentence
For example, when a Federal program has multiple award years, the auditee may list the amount of Federal awards expended for each award year separately.
The auditee shall also prepare a schedule of expenditures of Federal awards for the period covered by the auditee's financial statements.
For example, when a Federal program has multiple Federal award years, the auditee may list the amount of Federal awards expended for each Federal award year separately.
The auditee must also prepare a schedule of expenditures of Federal awards for the period covered by the auditee's financial statements which must include the total Federal awards expended as determined in accordance with§ 200.502 Basis for determining Federal awards expended.
For those new to Federal financial assistance, NIFA’s Grants Overview provides highly recommended information about grants and other resources to help understand the Federal awards process.