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USDA/RUS | RIN: 0572-AC33 | Publication ID: Spring 2015 |
Title: Policy on Audits of RUS Borrowers | |
Abstract:
The Agency will issue a proposed rule to incorporate the latest revisions to Generally Accepted Government Auditing Standards Issued by GAO. Other changes include clarifying the management letter to provide better guidance on subsidiary reporting; expanding the definition of borrower to include broadband and wireless providers; adding new definitions pertaining to the peer review program administered by the American Institute of Certified Accountants; increasing the threshold for expenditures under OMB Circular A-133; clarifying the peer review requirements; and clarifying procedures for requesting a change in audit date. |
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Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 1773 | |
Legal Authority: 7 U.S.C. 901 et seq 7 U.S.C. 1921 et seq 7 U.S.C. 6941 et seq |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Michele L Brooks Director, Program Development & Regulatory Analysis Department of Agriculture Rural Utilities Service 1400 Independence Avenue SW., Washington, DC 20250 Phone:202 690-1078 Email: michele.brook@usda.gov |