1.888.265.0600

“Fast and Furious”: A Briefing on OMB’s ‘Super Circular’ for
All Staff Who Touch a Federal Grant

Webinar • Thursday, February 23, 2017 • 2:00-4:00 Eastern time

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$249.00 “Fast and Furious”: A Briefing on OMB’s ‘Super Circular’ for All Staff Who Touch a Federal Grant (OnDemand)

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$249.00 “Fast and Furious”: A Briefing on OMB’s ‘Super Circular’ for All Staff Who Touch a Federal Grant (CD Only)

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Webinar Details

Subject: Grants Management

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

Not everyone in your federally funded organization needs to be an expert on the detailed grants management policies in the hefty document issued by the U.S. Office of Management and Budget — sometimes called the “Super Circular” or “uniform guidance.” But because so many people with different job responsibilities have a role to play in making sure that federal awards are performed and administered properly, there are some key aspects of these policies that every staff member needs to understand and follow.

This webinar is designed to deliver a baseline level of awareness of the current policies. Presented in laymen’s terms, the session will highlight policies that have changed as a result of the long process of consolidating and overhauling a host of separate and confusing sources. Even your veteran program and administrative employees will benefit from this solid overview.

In this webinar, participants will learn about:

  • Required documentation for personnel expenses (time and effort reporting).
  • Key steps to take in purchasing goods and services with federal grant funds.
  • How to “partner” with subrecipients and then monitor them.
  • Rules for taking care of equipment and supplies acquired under a federal award
  • Why the question “Can we charge this to our grant?” is still often answered, “it depends.”
  • The long list of required grant reports and the consequences for doing them late or wrong.
  • What auditors will be looking for and how to send them away satisfied.
  • How effective grants management is now guaranteed to affect your future funding.

The biggest benefit of the session is that everyone with a role to play can hear the same thing at the same time, presented by an objective “outsider.” The “Super Circular” requirements will be carefully cited, allowing participants later to retrace their steps and reinforce their understanding.

Join Bob Lloyd, principal of Federal Fund Management Advisor™, for what will be a cost-effective and “team-building” briefing.

WHO SHOULD ATTEND:

Anyone in your organization who has a role to play in applying for, accepting or administering a federal grant, cooperative agreement or subaward. This should include those who work in:

  • Grants management
  • Sponsored projects
  • Program implementation
  • Finance
  • Accounting
  • Human resources
  • Purchasing
  • Internal audit

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 2 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.

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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, 2nd Edition
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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!

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