Billions of federal grant dollars don’t stop flowing when they reach primary recipients. They regularly find their way to literally thousands of subrecipients nationwide. And that turns primary recipients into “pass-through entities” with responsibility for oversight of those “lower tier organizations.”
The federal Uniform Guidance tells pass-through entities to monitor the activities of a subrecipient “as necessary to ensure that the subrecipient complies with Federal statutes, regulations, and the terms and conditions of the subaward.” Unfortunately, that’s where the instruction ends.
So, as it’s largely left up to pass-through entities to figure out how to provide appropriate oversight to subawards, this webinar provides the practical advice necessary to craft a sensible response. You’ll get help:
- Defining your organization’s monitoring policy
- Organizing your subrecipient “universe”
- Taking mandatory steps for every subrecipient
- Deciding which supplementary procedures to employ
- Documenting your procedures and results
- Making site visits worthwhile
- Identifying potential sources of “third party” monitoring assistance
- Using subrecipient single audits as monitoring tools
- Employing agreed-upon procedures engagements for smaller subrecipients
- Determining what kinds of training and technical assistance to offer subrecipients
Subrecipient monitoring is a critical part of so many federal grant programs and it garners special attention in single audits. This means that pass-through entities are often second-guessed about whether their monitoring policies and procedures are well designed and effective.
WHO SHOULD ATTEND:
- Executives
- Finance directors
- Accounting staff
- Subgrant and contract managers
- Sponsored projects administrators
- Grant project directors
- Internal auditors
- External auditors
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