The Small Business Administration (SBA) has updated the SVOG Post-Application Guidance and the Post-Award Frequently Asked Questions. These documents apply to both non-federal entity recipients (these include nonprofit entities, state and local governments and Native American tribes, and institutions of higher education) and for-profit recipients. Included in the updates made by SBA to these documents are updates to questions related to the audit requirements.
Copyright © 2022 BDO USA, LLP. All rights reserved. www.bdo.com