A formal federal grants compliance program isn’t just something that’s nice to have any more. In today’s highly charged grants accountability atmosphere, it’s a virtual necessity for recipient and subrecipient organizations. For evidence, all you need to do is look at the details of settlements and compliance agreements that federal prosecutors across the country have imposed on organizations that were charged with false claims against the government (https://www.justice.gov).
Invariably, these unfortunate recipients and subrecipients are being forced to adopt “one-large-size-fits-all” compliance programs aimed at assuring that, if they get to stay in the federal funding business (and that’s a big “if”), they’re going to have to undertake major precautions going forward. The agreements also detail plenty of other adverse consequences that can arise because of noncompliance — repayment of disallowances with scarce nonfederal funds, special conditions on any awards that are allowed to continue, and debarment of individuals who caused the problems.
Seeing the kind of damage that others have sustained should be incentive enough for recipients and subrecipients to develop and implement an organized federal grants compliance program. But the recent issuance of the Office of Management and Budget’s “super circular” — with its emphasis on competent grants management and effective internal controls — should seal the deal.
Whether you have an existing grants compliance and ethics program, or are seeking to create one, this webinar will show you how to tailor a program for your organization and make it a truly effective preventative measure. You’ll get a “cookbook” covering:
- The sources of federal grants compliance requirements, and why this is important
- Appropriate role for governing bodies and top management on compliance matters
- Internal policy documents that you should review, upgrade and make highly visible
- Retooling your employee ethics code and using it to drive behavior
- Staffing the compliance function and coordinating with other organizational units
- Assuring appropriate “knowledge management” that’s reinforced by regular training
- Conducting ongoing compliance risk assessments
- Constructively reinforcing practices through disciplined monitoring and auditing
- Demonstrating appropriate enforcement and corrective action
During this practical and informative presentation, experienced grants management consultant Bob Lloyd, principal of Federal Fund Management Advisor™, will identify the kinds of features that a solid compliance program should have and, as importantly, the steps you can take to assure that the program achieves its objectives.
WHO SHOULD ATTEND?
- Grants and contract managers
- Sponsored projects administrators
- Program managers
- Principal investigators
- Governing body members
- Executives
- Legal counsels
- Finance directors
- Human resources directors
- Internal 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
Federal Fund Management Advisor™ is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.