HUD Clarifying Elimination of A-133 Audit Requirements Comments

The U.S. Department of Housing and Urban Development is working to correct online comments that erroneously indicated certain programs  were made exempt from the audit requirements of OMB Circular A-133.

The bottom line: If your client is subject to A-133 audit requirements, follow them. Do not rely on extemporaneous comments from other sources.

This entry was posted on Tuesday, March 2nd, 2010 at 1:14 pm and is filed under CalCPA Buzz. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.