§ 61.66. Financial management.
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/us/cfr/t38/s§ 61.66·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)All recipients must comply with applicable requirements of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards under 2 CFR part 200.
(b)All entities receiving assistance under this part must use a financial management system that follows generally accepted accounting principles and meets the requirements set forth under 2 CFR part 200. All recipients must implement the requirements of 2 CFR part 200 when determining costs reimbursable under all awards issued under this part. (Authority: 38 U.S.C. 501) \[80 FR 43323, July 22, 2015\]
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- 2 CFR 200
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