What’s wrong with this picture: “In order for us to process your request for reimbursement, you must forward all source documentation associated with costs incurred during the reporting period.”
Such real-life examples are part of a wave of burdensome financial reporting instructions that federal grant recipients and subrecipients have recently been receiving. Despite being constrained by law from burdensome information collections, some federal agencies have gone overboard using the excuse they are monitoring for “fraud, waste and abuse.”
Administrative changes from the Office of Management and Budget were intended to reduce subrecipient reporting frequency while still maintaining accountability. It’s always been difficult for recipients and subrecipients to push back on questionable award “requirements.” If anything, the current federal grant landscape has made it worse.
By taking a fresh look at the applicable federal rules, this webinar will show you how to assemble them and present the case for burden reduction that can be hard for awarding agencies to dodge. We’ll cover:
- Reporting Policies in OMB’s Uniform Guidance
- Crosswalking to the Paperwork Reduction Act
- What it covers, and what it doesn’t
- Narrowing the scope of reporting during the application process
- Awarding agency pre-award review and risk assessment
- Agreement provisions for reporting scope and frequency
- Documentation of incurrence of award obligations
- Award financing (aka “payment”)
- Liquidation of obligations
- Reporting scope, frequency and certification
- How it all fits together
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