The current federal grant environment has been challenging recipients and subrecipients with problems that need to be addressed immediately. So, stepping back to look at grants management problem avoidance may be a wise move.
Despite contrary appearances, grant accountability work is still being performed by federal and nonfederal auditors. And it continues to highlight common compliance and control errors that multiple grantees and subgrantees are making.
This webinar will show you how to learn from those mistakes. Using real examples, we will analyze where things likely went wrong. Then, we’ll identify preventative measures for avoiding these hazards. We’ll cover:
- Current Grant Accountability Atmosphere
- Where Are Mistakes Being Found? Who is Finding Them? What Is the Role of Single Audits?
- East Pickings for Auditors
- Project Design Vulnerabilities
- Subrecipient vs. Contractor
- Force Account vs. Third Party In-kind Contributions
- Procedural Missteps
- Vetting … “Prior” approvals … Own source revenue policies
- Documentation Weaknesses
- Effort Reporting
- Procurement “History” and Sole Source Contracting
- Nitpicked Property Records
- Expenditure Reasonableness
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