CFR > Title 45 - Public Welfare > SUBTITLE B—Regulations Relating to Public Welfare > CHAPTER XI—NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES (parts 1100 to 1186) > SUBCHAPTER E—INSTITUTE OF MUSEUM AND LIBRARY SERVICES (parts 1180 to 1186) > PART 1180—GRANTS REGULATIONS > SUBPART C—General Conditions Which Must Be Met by a Grantee (§1180.44 to §1180.61) > 1180.53—Fiscal control and fund accounting procedures.

1180.53—Fiscal control and fund accounting procedures.

A grantee shall exert fiscal control and employ fund accounting procedures that ensure proper disbursement of and accounting for Federal funds in accordance with OMB circulars A-102 and A-110.