The Federal Audit Clearinghouse operates on behalf of the Office of Management and Budget (OMB). Purposes: 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.