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Try This on Your Federal Grant Subrecipients: Differential Accountability

Webinar • Thursday November 19, 2020 • 2:00-3:30 p.m. ET

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$249.00 Try This on Your Federal Grant Subrecipients: Differential Accountability (11.19.20) (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

If your federal grant duties involve working for a “pass-through entity” and making subawards to subrecipients, you know that the federal government has a big interest in what kind of oversight it expects from your organization. Among other things, the applicable federal rules (2 CFR 200) instruct pass-through entities to “monitor the activities of the subrecipient as necessary to ensure that the subaward is used for authorized purposes.”

All too often, though, “as necessary” leads to the practice of “one size fits all” — all subrecipients get treated the same way, using the same standard checklists, even when they represent differing levels of funding, administrative capacity and risk. But, it doesn’t have to be that way.

It’s possible to rely on something called “differential accountability.” This concept allows, or even encourages, differing practices for different subrecipients based on risk management and conservation of resources. OMB doesn’t actually use the phrase, but it has clearly adopted the idea throughout the uniform guidance.

This session will identify where “differential accountability” shows up and demonstrate how to use it in order to make subrecipient monitoring sensible, defensible and less burdensome. You’ll learn:

  • How to conduct pre-award risk assessments to determine which subrecipients can handle greater flexibility
  • How to justify requests to federal agencies for use of streamlined “fixed amount subawards”
  • How to fashion subaward agreements with special conditions for subrecipients that need more oversight
  • What criteria to use to recognize that some subrecipients have improved management capacity
  • Subtle burden relief options that can benefit both pass-through entities and subrecipients
  • How to locate and use reliable third party information that can provide acceptable assurance
  • Which monitoring techniques lend themselves to cyclical use
  • How to use single audit reports and management letters
  • How a designation of “low risk auditee” can be used for greater subaward flexibility

Knowing how to use the federal rules covered in this session will help you discard a subrecipient oversight framework that is long on burden and short on commonsense. Join Bob Lloyd — principal of Federal Fund Management Advisor™ — for this practical look at how to exercise “differential accountability.”

WHO SHOULD ATTEND:

  • Grant managers
  • Sponsored projects administrators
  • Subrecipient monitors
  • Grant project directors
  • Executives
  • Finance 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 1.5 CPE Credits

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