A First Look at the Addenda to the 2021 OMB Compliance Supplement: Certified Public Accountant

ABSTRACT

Helpful Guidance for Auditors and Not-for-Profit Organizations The guidance and requirements that auditors must follow to perform single audits, including program specific audits, are included in the U.S. Office of Management and Budgets (OMB) annual Compliance Supplement. The Compliance Supplement has helpful information to assist recipients of federal grants with the regulations and requirements of the federal program. Loans obtained under the Paycheck Protection Program (PPP) and refunds resulting from the Employee Retention Tax Credit (ERTC) are not subject to a single audit.