This webinar is designed specifically for federal funding recipients seeking to understand and implement the latest changes introduced in the 2025 OMB Compliance Supplement. Participants will gain a comprehensive overview of the key updates, including revised compliance requirements and their direct impact on federal program administration and Single Audit processes. Through practical examples and interactive discussion, the course will explore how these changes affect auditee procedures, documentation, and internal controls.
Attendees will learn to identify and address the implications of the new guidance for their organization’s federal awards, ensuring continued compliance and audit readiness. The course will also provide actionable insights into the transition and implementation considerations necessary for adapting to the updated Supplement, empowering participants to confidently manage their Single Audit responsibilities in accordance with the latest federal standards.
By the end of the session, participants will be equipped to:
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Explain the major changes in the 2025 OMB Compliance Supplement and their impact on auditee processes and procedures.
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Describe how updates affect key compliance requirements across various federal programs.
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Outline effective strategies for transitioning to and implementing the new guidance within their Single Audit framework.
Presented by Lee Klumpp and Nic Nunn-Faron, BDO USA Recorded October 2025