Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards are federal rules that guide how organizations receiving government funding manage, spend, and document their funds. They ensure money is used properly, transparently, and efficiently, with clear procedures for budgeting, cost costs, reporting, and accountability. These rules promote consistency across agencies and help prevent fraud or misuse by setting standards for financial management, record-keeping, and audits, ultimately ensuring public funds support their intended programs effectively.