Take A Federal Grants Policy Inventory

Webinar • Wednesday, March 30, 2022 • 2:00-3:30 p.m. ET

See Webinar Catalog › View Your purchased
on-demand webinar(s) ›

Please enter your desired quantity.

On-Demand Recording
(Available for viewing
until 03.30.2023)

$249.00 Take A Federal Grants Policy Inventory (03.30.22) (On-Demand Recording)
Webinar Details

Prerequisites: Some knowledge of federal grant management and audit requirements is helpful

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

It may come as a surprise to some that the federal government relies heavily on the policies of its recipients and subrecipients in determining the allowability of costs charged to federal awards. The federal cost principles and the administrative requirements in the Office of Management and Budget’s uniform guidance (2 CFR 200) make an awardee’s policies the standard against which allowable costs are judged.

Federal policymakers understand that you are not likely to “give away the farm” with your own source revenues. So, if they tie federal cost allowability to what you do with your own money, you are likely to act reasonably. Ironically, that also means that violating your own policies can turn something into a “federal case.” It makes sense, then, for first time recipients and subrecipients to craft their policies with an eye on the federal rules and for experienced awardees to take a periodic inventory of their grants administration policies.

This webinar will identify the federal rules that dictate a reliance on awardee policies and procedures and flesh out the kind of subject matter coverage that will avoid gaps. You’ll get practical information on policies related to:

  • Financial and cash management
  • Internal controls
  • Human resources management
  • Protection of personally identifiable information
  • Procurement of goods and services
  • Property management
  • Subawarding
  • Records retention and access


  • Grants administrators
  • Sponsored project staff
  • Executives
  • Governing body members
  • Finance directors
  • Human resources managers
  • Purchasing agents
  • Property managers
  • 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 1.5 CPE Credits

Select to add to your shopping cart.

Add the 2nd edition of A Practical Guide to Federal Grants Management for just the price of shipping!

Finally! A practical guide to grants management.

Get practical grants management guidance that blends age-old conventional wisdom
with the historic changes in OMB’s uniform guidance:
Add A Practical Guide to Federal Grants Management -
From Solicitation Through Audit, 3rd Edition
to your order!

This comprehensive resource blends age-old conventional wisdom with the historic changes in OMB’s uniform guidance. You'll benefit from the advice of experts on time and effort reporting, procurement under grants, direct charging certain costs, single audit preparations, subrecipient monitoring and much more. The 500+ page softbound book is a valuable management guide, compliance document and training tool for busy grants managers, program directors, financial officers and auditors at nonprofit organizations, educational institutions, and state and local governments.

This valuable resource will help you and your grants management team:

  • Understand the differences between direct and indirect costs
  • Make the subrecipient vs. contractor determination
  • Realize the full impact of OMB’s emphasis on internal controls
  • Understand which familiar elements of time and effort reporting have been retained in the uniform guidance ... and which are new
  • Know the nuances of requirements for subrecipient assessment and monitoring
  • Understand contract clauses in agreements for procurement under grants
  • Apply the general tests of allowability
  • Understand special issues confronting pass-through entities contracting with foreign organizations
  • Know which clauses flow down when crafting a subaward
  • Understand what is meant by a 10% de minimis indirect cost rate
  • Audit the vulnerabilities in your grants management operation
  • Understand what is meant by audit "resolution"
    ...and much more

A Practical Guide to Federal Grants Management is the best insurance policy there is for limiting your organization’s risk of disallowed costs, loss of federal funding and public relations nightmares. Add it to your order today!

Contact US

(All fields required)

First Name:
Last Name:

Webinar Training Pass (Small Group Pass)

Number of Users:

Federal Fund Management Advisor

About Us
Manage Account