2 CFR Part 200 – Uniform Administrative
Author : conchita-marotz | Published Date : 2025-06-16
Description: 2 CFR Part 200 Uniform Administrative Requirements Cost Principles and Audit Requirements for Federal Awards UNIFORM GUIDANCE AT KSTATE OLD US Office of Management and Budget OMB Circulars OMB Circular A21 Cost Principles for
Presentation Embed Code
Download Presentation
Download
Presentation The PPT/PDF document
"2 CFR Part 200 – Uniform Administrative" is the property of its rightful owner.
Permission is granted to download and print the materials on this website for personal, non-commercial use only,
and to display it on your personal computer provided you do not modify the materials and that you retain all
copyright notices contained in the materials. By downloading content from our website, you accept the terms of
this agreement.
Transcript:2 CFR Part 200 – Uniform Administrative:
2 CFR Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards UNIFORM GUIDANCE AT K-STATE OLD U.S. Office of Management and Budget (OMB) Circulars – OMB Circular A-21, Cost Principles for Educational Institutions, Relocated to 2 CFR, Part 220 . OMB Circular A-110, Uniform Administrative Requirements for Grants and Other Agreements with Institutions of Higher Education, Hospitals and Other Non-Profit Organizations. Relocated to 2 CFR, Part 215 . OMB Circular A-133, Audits of States, Local Governments and Non-Profit Organizations (and the annual Compliance Supplement). Note: These Circulars will be remain applicable to existing awards (in all but a few very rare situations). If existing awards are continued, modified, or receive additional funding, new guidance could be applied, or some combination of new and old may apply. NEW! 2 CFR Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards Federal agencies were required to have implementing policies and procedures in place by December 26, 2014. This guidance supersedes and streamlines requirements from eight OMB Circulars, including the three listed above for higher education institutions. Written by the Council on Financial Assistance Reform (COFAR). COFAR includes representatives from OMB and ten federal agencies. Full text of the guidance can be found in the Electronic Code of Federal Regulations (e-CFR). eCFR — Code of Federal Regulations Frequently Asked Questions (FAQ’s) and other resources can be found on the COFAR website. COFAR | The Chief Financial Officers Council What’s in a name? The official name for the new requirements is pretty long. Some of the shortened versions include Omni-Circular, Super-Circular, Omni-Guidance… We’ll keep it simple and go with the one that is being used by the Federal agencies and most of the non-Federal entities (universities): Uniform Guidance (UG) Format of the Uniform Guidance Sections are cited as 2 CFR 200.xxx. We will shorten to .xxx in most situations. .0- .99 Subpart A: Acronyms and Definitions .100 -.113 Subpart B: General Provisions .200 -.211 Subpart C: Pre-Federal Requirements and Contents of Federal Awards (previously found in A-110) .300 -.345 Subpart D: Standards for Financial and Program Management (previously found in A-110) .400 -.475 Subpart E: Cost Principles (previously found A-21) .500 -.521 Subpart F: Audit Requirements (previously A-133) Appendices I – XI: Appendix III applies directly to Institutions of Higher Education (IHE’s) and contains rules and procedures for F&A rate determination previously found in A-21
