Not everyone who works for a federal grant recipient or subrecipient organization needs to be a subject matter expert when it comes to managing the “strings attached” to grant awards. But almost everyone who touches a federal award needs to know enough to avoid “being dangerous.”
Grants management subjects are addressed in a recently revised policy document issued by the Office of Management and Budget and known as the “uniform guidance,” which every federal grantmaking agency adopted effective on Oct. 1, 2024. It presents the critical mass of requirements that recipients and subrecipients now face when they receive a grant or subgrant.
This webinar assembles the key details of the uniform guidance and translates them into plain English. We will cover the basics — such as what costs can be charged to grants, how to purchase goods and services with grant funds, and what to expect from awarding agency monitors and independent auditors.
Here’s the coverage:
- Types of federal assistance awards, and why that’s important
- Events in the lifecycle of a grant
- Sources of grant requirements
- Components of a grant agreement
- Incurring costs using grant funds
- Role of the federal cost principles
- Purchasing goods and services from contractors
- Making subawards to subrecipients
- Documenting grant transactions
- Employee time and effort
- Travel justification
- Indirect cost support
- Financial and programmatic reporting
- Awarding agency oversight
- Closeout costs
This session, presented by Bob Lloyd, will provide program directors and staff with a comfort level about the requirements to enable them effectively to collaborate internally with administrative staff and communicate externally with awarding agency officials.
WHO SHOULD ATTEND:
- Grant managers
- Grant project directors
- Sponsored projects administrators
- Executives
- Finance directors
- Accounting staff
- Purchasing agents
- 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