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After January 20, What Will Happen to Your Federal Grants?

Webinar • Tuesday, December 17, 2024 • 2:00-3:30 p.m. EDT

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$249.00 After January 20, What Will Happen to Your Federal Grants? (12.17.24) (Live Webinar)

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Webinar Details

Prerequisites: Some knowledge of federal grant management and audit requirements is helpful

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Credit Information

CPE Credits Columbia Books & Information Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417.

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The political winds have blown. Speculation is rampant about what the shift in control of the federal executive and legislative branches of the federal government means. With the government’s active federal grant funding topping a trillion dollars, many recipient and subrecipient organizations are wondering what will happen to their federal grants. The concerns relate both to awards already in place, as well as to whether funding for future grant projects and programs will be foreclosed by budget “reconciliation” battles.

There is uncertainty, to be sure. So, a clear understanding of how the actual requirements affecting federal grantmaking agencies and their interactions with non-federal entities is needed. And that’s what this webinar will provide.

Bob Lloyd, the session presenter, has followed federal grant programs through seven presidential transitions. He’ll use that experience and practical knowledge of applicable policies to help you determine what to keep your eyes on during critical months ahead. You’ll hear about these topics — and why they’re likely to be important to your federal grant portfolio:

  • Federal grant-related policies that are “baked” into:
    • Program authorization and appropriations statutes
    • The Budget Control and Impoundment Act
    • The Federal Advisory Committee Act
  • Status of financial obligations made by federal agencies
  • Appointment and removal authority for
    • Top federal agency management positions
    • Senior civil servants with grant responsibilities
    • Federal agency inspectors general
    • The Comptroller General of the United States
  • The “stroke of a pen”--Presidential executive orders
  • The Code of Federal Regulations
    • The required procedures for new rulemaking
    • Procedures for rescission of existing rules
  • Grant award termination authority
    • Authorized bases for termination and “clawback”
    • Related changes to OMB’s Uniform Guidance (2 CFR 200)

WHO SHOULD ATTEND:

  • Grant and contract managers
  • Sponsored projects administrators
  • Federal program managers
  • Finance directors
  • Accounting staff
  • Internal auditors
  • External auditors
  • Federal agency grant officers
  • Pass-through entity officials
  • Sub-award managers

Hand-out Materials:

Attendees will receive presentation slides as well as access to background materials.

Allowable Charges

The costs of webinars sponsored by Federal Fund Management Advisor™ are allowable charges to your federal grants and subgrants. The cost principles issued by OMB under its uniform guidance (and applicable to all types of awardees) state, “The cost of training and education for employee development is allowable” (2 CFR 200.472).

Attend this Live Webinar and Earn up to 1.8 CPE Credits

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This comprehensive resource blends age-old conventional wisdom with the historic changes in OMB’s uniform guidance. You'll benefit from the advice of experts on time and effort reporting, procurement under grants, direct charging certain costs, single audit preparations, subrecipient monitoring and much more. The 500+ page softbound book is a valuable management guide, compliance document and training tool for busy grants managers, program directors, financial officers and auditors at nonprofit organizations, educational institutions, and state and local governments.

This valuable resource will help you and your grants management team:

  • Understand the differences between direct and indirect costs
  • Make the subrecipient vs. contractor determination
  • Realize the full impact of OMB’s emphasis on internal controls
  • Understand which familiar elements of time and effort reporting have been retained in the uniform guidance ... and which are new
  • Know the nuances of requirements for subrecipient assessment and monitoring
  • Understand contract clauses in agreements for procurement under grants
  • Apply the general tests of allowability
  • Understand special issues confronting pass-through entities contracting with foreign organizations
  • Know which clauses flow down when crafting a subaward
  • Understand what is meant by a 10% de minimis indirect cost rate
  • Audit the vulnerabilities in your grants management operation
  • Understand what is meant by audit "resolution"
    ...and much more

A Practical Guide to Federal Grants Management is the best insurance policy there is for limiting your organization’s risk of disallowed costs, loss of federal funding and public relations nightmares. Add it to your order today!

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