OMB Circular A-133 definition

OMB Circular A-133 means the publication, produced by the federal Office of Management and Budget and titled Audits of States, Local Governments, and Non-Profit Organizations, that sets forth standards for attaining consistency and uniformity in the audits of governments and organizations expending federal awards.
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OMB Circular A-133 means Audits of States, Local Governments and Nonprofit Organizations issued by the Office of Management and Budget or any subsequent revisions.
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OMB Circular A-133 means the publication, produced by the federal Office of Management and Budget and titled Audits of States, Local Governments, and Non-Profit
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Examples of OMB Circular A-133 in a sentence

  • For fiscal years ending before December 25, 2015, a Single Audit is required if the subrecipient expends $500,000 or more in federal assistance during its fiscal year and must be conducted in accordance with OMB Circular A-133.

  • The determination of amounts of Federal awards expended should be in accordance with the guidelines established by OMB Circular A-133, as revised.

  • Audits will be conducted as provided by the Single Audit Act Amendments of 1996 and OMB Circular A-133.

  • This limitation shall not apply to GRANTEEs providing goods and services as defined in OMB Circular A-133.

  • If GRANTEE expends $750,000 or more in a year in Federal funds, GRANTEE shall submit an audit report that conforms to the requirements of OMB Circular A-133 for Non-Profit Institutions.

  • Other Federal agencies and pass-through entities in accordance with Sections .320 (e) and (f), OMB Circular A-133, as revised.

  • For fiscal years ending before December 25, 2015, a Single Audit is required if the subrecipient expends $500,000 or more in Federal assistance during its fiscal year and must be conducted in accordance with OMB Circular A-133.

  • The parties shall comply with the requirement of the Single Audit Act of 1984, P.L. 98-502, ensuring that the single audit report includes the coverage stipulated in OMB Circular A-133.

  • Contractor, if a non-profit organization, shall comply with the requirements and standards of OMB Circular No. A- 122, “Cost Principles for Non-Profit Organizations, OMB Circular A-133 Audits of State, Local Governments and Non-Profit Organizations”, and applicable Attachments to OMB Circular No. A-110, as set forth in 24 CFR §570.502(b).

  • OMB Circular A-133, Audits of States, Local Governments and Non-Profit Organizations.


More Definitions of OMB Circular A-133

OMB Circular A-133 in this policy, means United States Office of Management and Budget (OMB) Circular A-133, “Audits of States, Local Governments, and Non-Profit Organizations” and August 2017 Compliance Supplement, as revised or superseded.
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