Understanding 2024 OMB 2 CFR 200 Uniform Guidance Changes
Cherry Bekaert: Government & Public Sector
The Office of Management and Budget (OMB) recently published its final revisions to the federal Uniform Guidance (2 CFR Part 200). This revision outlines compliance and reporting requirements for federal financial assistance, such as grants and loans.
Host Kat Kizior, Senior Associate at Cherry Bekaert, is joined by special guest Robert Shea, CEO of GovNavigators, to discuss2 CFR 200 uniform guidance updates and how these changes will affect state and local governments, non-profits and public entities.
As part of Cherry Bekaert’s Government & Public Sector (GPS) podcast series, and the third episode in the grants management mini-series, this episode covers:
- Major changes to the uniform guidance that will affect non-federal entities receiving grant funding
- When entities are expected to follow the update cost principles guidance
- How the federal updates affect grant recipients
- Positive aspects of the revisions
- Key takeaways from this episode
Cherry Bekaert’s Grant Lifecycle Management team manages grants end-to-end, bridging the service gap to improve internal controls and staff success to help your organization maximize every opportunity. If you have any questions specific to your business needs, Cherry Bekaert’s Government & Public Sector team is available to discuss your situation with you.
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