“The auditors disallowed some of our grant costs.” Well, no, they really didn’t.
Under procedures normally applicable to federal grants administration, decisions to disallow costs are made by awarding agency officials not by those who monitor or audit grant awards. And “questioned” costs can often lead to disallowances and repayment of funds.
This webinar will help you understand the policies that affect whether grant costs are questioned and disallowed. You’ll get practical guidance about how to apply these policies to challenge and confront situations that affect your federally funded organization. We’ll cover:
- Sources of authority for federal grant expenditures
- Special role of the OMB cost principles (2 CFR 200, Subpart E)
- The five “categories” of cost allowability
- When might a challenge arise?
- Pre-award
- Application and justification
- Post-award
- Disclosure
- During monitoring (including audits)
- At closeout
- Bases for questioning cost
- Unallowable
- Unsupported
- Unapproved
- Unreasonable
- Management decisions
- Disallowances and demand
- Corrective action
- Disputes, appeals and remedies
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