COFAR Publishes First Round of FAQs on 2CFR Part 200

The Council on Financial Assistance Reform (COFAR) published its first set of Frequently Asked Questions related to 2 C.F.R 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. COFAR promised additional FAQs yet to come, timed to coincide with publication of their implementing regulations by Federal agencies.

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