A few weeks ago, I participated in a webinar that discussed A-133 audits. For those of you who are not familiar with this term, Circular A-133 is the document that provides information about audits for state and local governments and nonprofit organizations. If you are already receiving federal grant funds, your business office is probably familiar with this document. If it isn't, you should bring this document to the attention of your business office to prepare for any audit of the federal funds you receive.

In 1981, the President's Council on Integrity and Efficiency (PCIE) was created. According...

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