Federal grants management has long been a subject with lots of “urban legends” — mistaken understandings about how grant recipients and subrecipients are required to comply with federal requirements. The problem with many of those understandings is that, when they are held up to the actual requirements, they turn out to be partially or completely wrong.
And that has been particularly true in the past year as the federal grants community has implemented major changes to 2 CFR 200, the Office of Management and Budget’s “Uniform Guidance.” Not surprisingly, addressing those changes has generated plenty of disputes and compliance vulnerability for pass-through entities, recipients and subrecipients.
This webinar has been crafted to clear up some key “urban legends” and restore accuracy. We’ll cover:
- What’s really meant by the term “cost reimbursement”
- How to connect the policy dots on advance payments
- Frequency and content of subrecipient financial reporting
- Low hanging “audit fruit” resulting from FFATA requirements
- Proper management and disbursement of program income
- Suspension and debarment certification and verification
- Increasing an organization’s micro-purchase threshold
- Documenting sole source procurements
- Charging closeout costs incurred after the performance period
- Settling up on fixed amount awards and subawards
- Single audit report submission and verification
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