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OMB issues 2007 Compliance Supplement.(Office of Management and Budget)
OMB issued its annual OMB Compliance Supplement in May, effective for fiscal years ending June 30, 2007.
The 2007 Compliance Supplement can be downloaded at www.whitehouse.gov/omb/grants/grants_circulars.html in either PDF or Word format. I personally prefer the PDF format as it prints out the same regardless of the printer used. However, if you want to make changes to the compliance supplement for your workpapers, then the Word version is more appropriate.
The Compliance Supplement contains seven parts and several appendices. One appendix in particular, Appendix V, discusses the changes in the 2007 Compliance Supplement. I have summarized those changes ...
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