What is the Uniform Guidance: 2 CFR 200?
2 CFR 200, also known as the “Uniform Guidance” consists of Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. It was issued by The Office of Management and Budget’s (OMB) on December 26, 2013 and was compiled from previously separate OMB circulars that addressed separately administrative requirements, audits, and cost principles for specific … [Read more…]