The Federal Audit Clearinghouse operates on behalf of the Office of Management and Budget (OMB) and its primary purposes are:
- To disseminate audit information to Federal agencies and the public.
- To support OMB oversight and assessment of Federal award audit requirements.
- To assist Federal cognizant and oversight agencies in obtaining OMB Circular A-133 data and reporting packages.
- To help auditors and auditees minimize the reporting burden of complying with Circular A-133 audit requirements.