Dec 30, 2020
OMB releases 2020 Compliance Supplement Addendum that includes COVID-19 Relief Programs
The Office of Management and Budget (OMB) addendum provides updated guidance for five new COVID-19 programs, eight current COVID-19 programs, and one new non-COVID-19 program. It is effective for audits of fiscal years beginning after June 30, 2019. It must be used in conjunction with other parts and appendices of the 2020 Compliance Supplement published in August 2020 in determining the appropriate audit procedures to support the auditor’s opinion on compliance for each major program with expenditures of COVID-19 awards. The Compliance Supplement Addendum can be found here.