In response to a Federal Register request for comments, the Governmental Audit Quality Center (GAQC) issued a comprehensive comment letter to the Office of Management and Budget (OMB) on the 2022 OMB Compliance Supplement (Supplement). We encourage you to review the letter to familiarize yourself with the various issues raised, since they may be relevant for your single audits. The letter, issued on June 30, 2022, summarizes concerns on the Supplement and opportunities for improvement. Major concern areas noted include problems with performance and special reporting requirements, the use of Web hyperlinks in place of summarized program guidance, inclusion of requirements in the wrong compliance requirement categories, editorial problems, and various other matters.
As it relates to performance and special reporting, the GAQC recommends that substantial additional work needs to be done if OMB and the agencies are serious about wanting audit assurance on performance matters related to a recipient’s federal program participation. To further illustrate these concerns, the letter includes a detailed Appendix that describes every program section included in the Supplement that has a performance/special reporting section and the related issues noted.