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Applying Internal Control Standards to Federal Grant Compliance

Webinar • Thursday, January 22, 2026 • 2:00-3:30 p.m. EDT

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$349.00 Applying Internal Control Standards to Federal Grant Compliance (01.22.26) (Live Webinar + On-Demand Recording)
Webinar Details

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

Recommended Field of Study: Specialized Knowledge

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.

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Federal rules for financial management of grants require that recipients and subrecipients “establish, document and maintain effective internal controls that provide reasonable assurance” that they are complying with laws, regulations, and award terms and conditions. Beyond that, the rules largely leave the details to awardees, but do cryptically state that the resulting controls “should align with” two hefty sources:

  • Standards for Internal Control in the Federal Government issued by the Comptroller General of the United States; and
  • Internal Control: Integrated Framework issued by the Committee of Sponsoring Organizations (COSO) of the Treadway Commission.

Finding out more about these standards and then using them to guide financial and administrative operations is essential in the current federal grant accountability environment. So, this webinar is designed to help you determine how the following controls should be fleshed-out, right-sized, and documented for an organization like yours:

  • The “Control Environment”
  • Risk Assessment
  • Control Activities
  • Information and Communication
  • Monitoring

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:

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  • Make the subrecipient vs. contractor determination
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  • 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"
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