The 2019 Compliance Supplement and the "Not-So-Sweet-16" Programs
The Office of Management and Budget recently issued a revised version of the 2019 Compliance Supplement to correct errors contained in the June version. Among the numerous corrections, changes were made to the "Y"s and "N"s in the Part 2 matrix for 16 programs, which we are referring to here as the "not-so-sweet-16" programs. This video lists those programs so that auditors conducting engagements on these programs are aware that there are new compliance testing requirements. It also provides a brief roundup of some of the other changes of importance in the amended version, dated August 2019.