Accounting and Financial Reporting, Risk Assessment
Demystifying Compliance in Federal Grants Management
DownloadEach year, local and state governments rely heavily on federal grants to fund a multitude of programs and initiatives that benefit our communities. As reported by the National Association of State Budget Officers (NASBO), in 2023, federal grants constituted 25.3 percent of state spending, totaling $1.04 trillion. But with every grant comes a set of compliance obligations that grantees must fulfill. This article will help you navigate and understand the complexities of these compliance requirements and offer insights into efficient management of federal grants.
- Publication date: December 2024
- Author: Rob Hogan