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Financial Audits of USAID Contractors, Recipients, and Host Government Entities

Keeping these trade-offs in mind, we employ the method employed by Ciccarelli and Mojon (2010) to construct a measure of global inflation. We extract the first principal component of the quarter-on-quarter growth rate in seasonally adjusted real GDP across a sample of 46 economies. 2 This methodology requires a balanced panel, which restricts the sample to the period from the first quarter of 1998 to the last quarter for which data are available for all economies, the third quarter of 2010. The component of real GDP growth for a particular economy that is not explained by this first principal component is. | USAID FROM THE AMERICAN PEOPLE ADS Chapter 591 Financial Audits of USAID Contractors Recipients and Host Government Entities Partial Revision Date 07 31 2012 Responsible Office IG A HLC File Name 591 073112 07 31 2012 Partial Revision Functional Series 500 - Management Services ADS 591 - Financial Audits of USAID Contractors Recipients and Host Government Entities POC for ADS 591 Susan Baxter 202 712-0912 sbaxter@usaid.gov Table of Contents 591.1 OVERVIEW.4 591.2 PRIMARY RESPONSIBILITIES.4 591.3 POLICY DIRECTIVES AND REQUIRED PROCEDURES.6 591.3.1 Audits of U.S. Organizations.6 591.3.1.1 U.S. Nonprofit Organizations.6 591.3.1.2 U.S. For-Profit Organizations.7 591.3.2 Audits of Foreign Organizations and Host Government Entities . 8 591.3.2.1 Foreign Organizations.8 591.3.2.2 Host Country-Owned Local Currency.10 591.3.3 Other Audits and Surveys.11 591.3.3.1 Pre-Award Audits and Surveys.11 591.3.3.2 Close-Out Audits.11 591.3.3.3 Contract Termination Claims.12 591.3.4 Audit Planning and Monitoring.12 591.3.4.1 U.S. Contractors and Recipients.12 591.3.4.2 Foreign Contractors and Recipients.13 591.3.5 Audit Funding.14 591.3.6 USAID Audit Rights.15 591.3.7 Auditor Access to Recipient Records.15 591.3.8 Non-compliance with Audit Requirements.15 591.3.9 Reporting Restrictions.16 591.3.10 Review and Issuance of Audit Reports.16 591.4 MANDATORY REFERENCES.17 591.4.1 External Mandatory References.17 An asterisk and yellow highlight indicate that the adjacent material is new for this chapter or 2 substantively revised. ADS 591 07 31 2012 Partial Revision 591.4.2 Internal Mandatory References.17 591.5 ADDITIONAL HELP.17 591.6 DEFINITIONS.20 An asterisk and yellow highlight indicate that the adjacent material is new for this chapter or substantively revised. ADS 591