📊GSA Revises Federal Audit Clearinghouse Information Collection
In accordance with the Paperwork Reduction Act (PRA), the GSA is proposing a revision to an existing information collection request (ICR) for the Data Collection Form (SF-SAC) and associated FAC webform. The revisions add an optional resubmission pathway and optional structured fields within audit findings (questioned costs, criteria, condition, cause, effect, recommendation, response), as well as new Yes/No webform fields for auditor disclosures of known fraud, likely fraud, summary schedule of prior audit findings, and significant instances of abuse, consistent with 2 CFR 200.516(b)(5)-(7).
Learn More📈FDIC Proposes Rule for Regulatory Threshold Adjustments
The Federal Deposit Insurance Corporation (FDIC) is inviting comment on a proposed rule that would amend certain regulatory thresholds in the FDIC's regulations to reflect inflation. Specifically, the proposal would generally update such thresholds to reflect inflation from the date of initial implementation or the most recent adjustment, and provide for future adjustments pursuant to an indexing methodology. The changes set forth in this proposal would provide a more durable regulatory framework by helping to preserve, in real terms, the level of certain thresholds set forth in the FDIC's regulations, thereby avoiding the undesirable and unintended outcome where the scope of applicability for a regulatory requirement changes due solely to inflation rather than actual changes in an institution's size, risk profile or level of complexity.
Learn More📊Notice of Upcoming Board Meeting by Federal Retirement Board
The Federal Retirement Thrift Investment Board has announced a meeting to discuss various agenda items, including the approval of previous meeting minutes, monthly and quarterly reports, and the FY 2026 budget proposal. The meeting will be conducted telephonically with specific dial-in instructions provided.
Learn More📅UCR Board Meeting Notice
The Unified Carrier Registration Plan Board will convene for Sunshine Act Meetings to discuss essential regulatory matters, including compliance, sanctions, and financial updates related to carrier registration. The public is invited to participate either in-person or via conference call and Zoom, ensuring transparency in the board's activities and decisions.
Learn More📊Notice of Board Meeting by Federal Retirement Thrift Investment Board
The Federal Retirement Thrift Investment Board has announced a board meeting scheduled for April 22, 2025, to review various reports including participant, legislative, investment, and budget assessments. The meeting is open via telephonic and web access, providing insights pertinent to stakeholders in federal retirement funds.
Learn More📜Notice of Intent to Audit Webcasters' Royalty Payments
The Copyright Royalty Judges announce receipt from SoundExchange, Inc., of notices of intent to audit the 2022, 2023, and 2024 statements of account submitted by commercial webcasters Alpha Media LLC and Univision Communications Inc. concerning royalty payments they made pursuant to two statutory licenses.
Learn More📊FCA Proposes New Rule on Internal Control Over Financial Reporting
The Farm Credit Administration (FCA or we) extends the comment period on its proposed rule that would revise FCA regulations to require certain Farm Credit System institutions to obtain integrated audits under certain conditions. FCA is reopening the comment period.
Learn More📞Unified Carrier Registration Plan Meeting - February 2025 Notice
The Unified Carrier Registration Plan is holding a public meeting to discuss compliance initiatives, upcoming audits, and the actions of the Audit Subcommittee. The agenda includes reviewing prior minutes, discussing evaluation processes, and updates on audit programs affecting motor carriers and brokers. Participation is encouraged for stakeholders interested in the outcomes of these discussions.
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