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AN INTRODUCTION TO FINANCIAL MANAGEMENT FOR …
www.archives.govthe financial and programmatic aspects of their grants must be readily accessible for audit. Failure to provide the auditor with reliable documentation could lead to questioned costs and possibly result in cost disallowances, requiring refunds to the NHPRC.
AN INTRODUCTION TO FINANCIAL MANAGEMENT FOR
www.archives.govFinancial Management for NHPRC Grant Recipients (2015) 6 The Office of Management and Budget (OMB) regulations concerning audits of states, local governments, and non-profit organizations, base the requirements for audit on specific dollar amounts. The requirements are discussed below.