[Federal Register Volume 87, Number 92 (Thursday, May 12, 2022)]
[Rules and Regulations]
[Page 29025]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-10182]



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 Rules and Regulations
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  Federal Register / Vol. 87, No. 92 / Thursday, May 12, 2022 / Rules 
and Regulations  

[[Page 29025]]



OFFICE OF MANAGEMENT AND BUDGET

2 CFR Part 200


Uniform Administrative Requirements, Cost Principles, and Audit 
Requirements

AGENCY: Office of Management and Budget.

ACTION: Guidance.

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SUMMARY: This document announces the availability of the 2022 
Compliance Supplement (2022 Supplement) for the Office of Management 
and Budget's uniform administrative requirements, cost principles, and 
audit requirements regulations. This document also offers interested 
parties an opportunity to comment on the 2022 Supplement.

DATES: The 2022 Supplement replaces the 2021 Supplement (issued in 
August 2020), its Addenda 1 & 2 (issued in December 2021 and January 
2022), and the technical update (issued April 2022). The Supplement 
applies to fiscal year audits that cover any period beginning after 
June 30, 2021.
    All comments to the 2022 Supplement must be in writing and received 
by July 11, 2022. Late comments will be considered to the extent 
practicable.

ADDRESSES: Comments will be reviewed and addressed, when appropriate, 
in the 2023 Compliance Supplement. Electronic mail comments may be 
submitted to: http://www.regulations.gov. Please include ``2 CFR part 
200 Subpart F--Audit Requirements, Appendix XI--Compliance Supplement--
2022'' in the subject line and the full body of your comments in the 
text of the electronic message and as an attachment. Please include 
your name, title, organization, postal address, telephone number, and 
email address in the text of the message. Comments may also be sent to: 
[email protected].
    Please note that all public comments received are subject to the 
Freedom of Information Act and will be posted in their entirety, 
including any personal and/or business confidential information 
provided. Do not include any information you would not like to be made 
publically available.
    The 2022 Supplement is available online on the OMB home page at 
https://www.whitehouse.gov/omb/office-federal-financial-management/.

FOR FURTHER INFORMATION CONTACT: Recipients and auditors should contact 
their cognizant or oversight agency for audit, or Federal awarding 
agency, as appropriate. The Federal agency contacts are listed in 
appendix III of the Supplement. Subrecipients should contact their 
pass-through entity. Federal agencies should contact Gil Tran at 
[email protected] or (202) 881-7830 or the OMB Grants team at 
[email protected].

SUPPLEMENTARY INFORMATION: The 2022 Supplement (2 CFR part 200, subpart 
F, and appendix XI to Part 200) adds five new programs (that are funded 
by the American Rescue Plan Act) and provides updates on many other 
programs, where necessary. In total, the 2022 Supplement contains audit 
guidance for 235 individual programs and 48 clusters of programs from 
22 Federal agencies. The 2022 Supplement is a continuation of efforts 
to maximize the value of grant funding by applying a risk-based, data-
driven framework that balances compliance requirements with 
demonstrating successful results. It requires a review for performance 
reporting for 63 programs.
    As part of the development of the audit guidance contained in the 
Supplement, OMB shared the draft language developed by the agencies 
with recipient and audit stakeholders, including the American Institute 
of Certified Public Accountants (AICPA), the National Association of 
State Auditors, Controllers and Treasurers (NASACT), the U.S. 
Government Accountability Office (GAO), and agency Inspector General 
offices for comments. The comments were reviewed, adjudicated, and 
addressed by the relevant agencies and OMB. All necessary changes are 
reflected in the final published version.

Deidre A. Harrison,
Acting Controller.
[FR Doc. 2022-10182 Filed 5-11-22; 8:45 am]
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