38 C.F.R. § 61.66 Financial management.
Title 38 - Pensions, Bonuses, and Veterans' Relief
(a) All recipients shall comply with applicable requirements of the Single Audit Act Amendments of 1996, as implemented by OMB Circular A–133. (b) All entities receiving assistance under this part must use a financial management system that follows generally accepted accounting principals and provides accounting records, including cost accounting records that are supported by documentation. Such cost accounting must be reflected in the entity's fiscal cycle financial statements to the extent that the actual costs can be determined for the program for which assistance is provided. All entities receiving per diem under this part must monitor the accuracy of the costs used to determine payment amounts per veteran. Entities receiving assistance must meet the applicable requirements of the appropriate OMB Circular for Cost-Principles (A–122 or A–87). (Authority: 38 U.S.C. 501, 2002, 2011, 2012, 2061, 2064, 7721 note)
Title 38: Pensions, Bonuses, and Veterans' Relief
PART 61—VA HOMELESS PROVIDERS GRANT AND PER DIEM PROGRAM
§ 61.66 Financial management.
