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Policy on Audits of Rus Borrowers and Grantees (Us Rural Utilities Service Regulation) (Rus) (2018 Edition) The Law Library

The Law Library presents the complete text of the Policy on Audits of RUS Borrowers and Grantees (US Rural Utilities Service Regulation) (RUS) (2018 Edition).

Updated as of May 29, 2018



The Rural Utilities Service (RUS) is amending its regulations regarding its Policy on Audits to incorporate 2011 revisions to the Generally Accepted Government Auditing Standards (GAGAS) issued by the Government Accountability Office (GAO), the clarified audit standards issued by the American Institute of Certified Public Accountants (AICPA) in 2011, and Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart F, Audit Requirements, issued by the Office of Management and Budget on December 26, 2013, and adopted by USDA on December 26, 2014. RUS is also expanding and clarifying its regulations to: include grant recipients, amend its peer review requirements, amend its reporting requirements, expand the options for the electronic filing of audits, and clarify a number of existing audit requirements, and is amending the title to reflect this change.



This ebook contains:

- The complete text of the Policy on Audits of RUS Borrowers and Grantees (US Rural Utilities Service Regulation) (RUS) (2018 Edition)

- A dynamic table of content linking to each section

- A table of contents in introduction presenting a general overview of the structure