What is FAFTA and a CAA’s Obligation to Comply?

2015

FFATA stands for the Federal Funding Accountability and Transparency Act, which requires information on federal awards to be made publicly available via a single, searchable website, www.USASpending.gov. This FAQ discusses if CAAs are required to comply with FFATA’s reporting requirements.

Related Resources:

Employee Retention Credit: What Your CAA Needs to Know

Employee Retention Credit: What Your CAA Needs to Know

The Employee Retention Credit (the “Credit”) was enacted on March 27, 2020, as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the first major COVID-19 pandemic relief package. The purpose of the Credit was to help employers…

The Public Health Emergency is Ending: Now What?

The Public Health Emergency is Ending: Now What?

President Biden’s administration announced that the federal public health emergency and national emergency related to COVID-19 will expire on May 11, 2023, triggering an end to a number of flexibilities and policies that have enabled the federal government…

Ask the Financial Experts: Fiscal Navigation in 2022

Ask the Financial Experts: Fiscal Navigation in 2022

Fiscal administration and management issues for federal grants have become more complex for CAAs due to the historic influx of funding they received in the wake of the COVID-19 pandemic. Many of these challenges, from managing new programs and a rapid ramp-up of services,...