96.102 - Audit requirements.
- Standard Number: 96.102
- Standard Title: Audit requirements.
The audit requirements contained in OMB Circular A-128, attached as appendix A of this part, shall be followed for audits of all fiscal years beginning after December 31, 1984. For audits of fiscal years beginning on or before December 31, 1984, organizations covered by this subpart have the option of following the requirements of OMB Circular A-128, or those contained in 41 CFR 29-70.217.
Subpart 96.2-Audits of Colleges and Universities, Hospitals and Other Nonprofit Organizations