By the time the “story” — such as “Audit Shows Federal Grant Mismanagement!” — airs, the narrative has taken hold: Somebody did something wrong with a federal grant. The reason these cases make news, though, is that they are uncommon. Most often, federal grant noncompliance is a product of honest misunderstandings about confusing and complex federal policies.
Federal funds belong to taxpayers, and recipient organizations have a responsibility to use the funds properly. That’s why preventing misunderstandings, particularly among program managers who are on the frontlines running federally funded projects, should be a high priority for recipient and subrecipient organizations.
This webinar will cover — in layman’s terms — the “critical mass” of federal grant requirements in order to give program managers the confidence that they are doing the correct thing and the judgment to know when to look for policy back-up. We’ll cover:
- Types of federal awards, and why that’s important
- Who does what during the life of a grant or subgrant
- Sources of federal policy and what takes precedence
- What’s inside grant award agreements
- How to meet matching and cost sharing requirements
- How to answer the question: “Can we charge this to our federal grant?”
- Documenting grant expenses — timesheets and purchasing records
- Reporting federal “claims” (and why the people in finance act like they do)
- Who’s looking at you, and what they are looking for
- What can go wrong, and what can happen if it does
Join Bob Lloyd — principal of Federal Fund Management Advisor™ and a respected authority on federal policies affecting the award, administration and audit of federal grants, contracts and subawards — for this session specifically tailored for program managers.
WHO SHOULD ATTEND:
- Federal program managers
- Grant and contract managers
- Sponsored programs administrators
- Legal counsels
- Finance directors
- Purchasing managers
- Principal investigators and other research staff
- Accounting staff
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 1.5 CPE Credits