Policy Webinar: Understanding OMB Compliance Supplement Addendum

Policy Webinar: Understanding OMB Compliance Supplement Addendum

February 3, 2021

1:00 PM - 2:30 PM Eastern Time (US & Canada)

Compliance Supplement Addendum Webinar

 


On February 3, 2021 from 1:00 PM EST to 2:30 PM EST join a group of Indian Country professionals to review and provide expert understanding of the 2020 Compliance Supplement published on August 18, 2020 and the recently published 2020 Compliance Supplement Addendum.


Our panelists will provide an in-depth overview of the recently published 2020 Compliance Supplement Addendum, including SEFA reporting changes, deadline extensions, and covered programs. The webinar will also discuss an overview of recent legislation that impacts COVID-19 programs and other compliance information about the Coronavirus Relief Fund, Provider Relief Fund, Indian Community Development Block Grant, and FFATA changes.


As a reminder, auditors must use both the 2020 Compliance Supplement Addendum and the 2020 Compliance Supplement together. 

  

Resources


Webinar Registration



Event Details 

 

Date:


Wednesday, February 3, 2021

1:00 EST - 2:30 EST

Register Here

*This is a Zoom webinar, for the best user experience we encourage participants to download the latest version of Zoom


Panelists:


Corrine Wilson, Principal, REDW

Tasha Repp, Partner, Moss Adams

Saw Owl, Principal, Clifton Larson Allen

Steven Jarvis, Assurance Director, Clifton Larson Allen 

Kris Nixon, Partner, Stauffer and Associates PPLC


NAFOA encourages all tribal financial managers to attend to ensure they are prepared to implement this new guidance.  

  

OMB Publishes 2020 Compliance Supplement

 

On August 18, 2020 OMB issued the 2020 Compliance Supplement (2 C.F.R. Part 200, Appendix XI). Each year OMB publishes the Compliance Supplement for auditors to follow in determining compliance requirements that could have a direct and material effect on the programs included in a Single Audit. NAFOA encourages every tribe and tribal organization to stay up to date with each year's Compliance Supplement and how it relates to their federal awards.

 

OMB Publishes 2020 Compliance Supplement Addendum


On December 21, 2020 OMB released the 2020 Compliance Supplement Addendum. The 2020 Compliance Supplement Addendum guides the various COVID-19 awards that the auditor determines are major programs in audits performed under 2 CFR 200 Subpart F. 

 

Provide Comments on 2020 Compliance Supplement Addendum 


OMB is currently accepting comments on the 2020 Compliance Supplement Addendum until January 30, 2021. Please include “2 CFR part 200 Subpart F—Audit Requirements, Appendix XI—Compliance Supplement Addendum—2020” 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: GrantsTeam@omb.eop.gov.


NAFOA will continue to provide relevant updates as more information is released.


For any other questions or concerns, please contact Ellie Beckett at ellie@nafoa.org or (202) 841-3373.