- Pub Code: WG216-11WEB
- Originally held on June 21, 2012
Navigating Through Federal Grant Reporting
June 21, 2012 Webinar - Listen On-Demand or Get a CD!
Because of extensive legislation affecting grant reporting, the complexity of who reports, what they report, and when and how they do it has grown, becoming more detailed and more challenging. And because late or inaccurate reporting is often the first “red flag” that awarding agencies raise when monitoring recipients and subrecipients, managing multiple reporting expectations should be “job one” for those on the receiving end of federal awards and subawards. This comprehensive and practical discussion will enable you to effectively handle your grant reporting.
The On-Demand recording will be available immediately upon purchase* as a link within a PDF file of the accompanying written materials. CDs and printed materials are shipped via USPS.
Get help navigating through who reports, what to report, and when and how to do it
Financial and performance reporting for your federal grant programs used to be fairly simple and straightforward. You submitted quarterly financial status reports on obligations, quarterly or perhaps monthly reports on cash transactions, and quarterly narrative reports detailing what had been accomplished. As long as you submitted them accurately and completely and in a timely manner, you were pretty much in the clear. But that was before Congress started to meddle in the details.
Through a series of well-meaning legislative enactments, federal grant reporting has become more detailed and more challenging. The complexity of who reports, what they report, and when and how they do it has grown because of an extensive “alphabet soup” of legislation affecting grant reporting. You may have already bumped into the Single Audit Act (SAA), the American Recovery and Reinvestment Act (ARRA), and the Federal Funding Accountability and Transparency Act (FFATA) — and their attendant and often confusing reporting procedures. So, it shouldn’t come as a surprise that Congress is considering enactment of something called the Digital Accountability and Transparency Act (DATA Act) that could actually add to the confusion. After all, even during a period of sustained gridlock on Capitol Hill, it’s pretty hard for lawmakers to be against “accountability and transparency.”
But because late or inaccurate reporting is often the first “red flag” that awarding agencies raise when monitoring recipients and subrecipients, managing multiple reporting expectations should be “job one” for those on the receiving end of federal awards and subawards. This webinar will help you do just that. You’ll learn about:
- Current requirements for financial reporting on each federal grant
- Federal expectations for performance reporting
- How to handle proper disclosure outside of normal reporting cycles
- Mandated data elements and submission procedures for FFATA and ARRA reporting
- Parameters on reporting by subrecipients
- Requirements on reporting about subrecipients
- Required submissions of audit reporting packages — and sensible ones
- Federal agency policies for managing reporting requirements and how you can impact them
- Possible new reporting standards contained in the proposed DATA Act
Prerequisites: Some knowledge of federal grant management and audit requirements is helpful
Advanced preparation: None
Attendees will receive presentation slides as well as access to background materials.
BOB LLOYD is a respected authority on policies and practices affecting the award, administration and oversight of federal grants, contracts and subawards. Mr. Lloyd has nearly 40 years of experience in federal award implementation. Prior to starting his management consulting practice in Washington, D.C., in 1982, he served as the executive director of the Grants Management Advisory Service and held staff positions in two large federally funded organizations. Since then, he has been a consultant, trainer or advisor to award and audit units in sixteen federal award-making departments and agencies, and to recipient and subrecipient organizations and their professional advisors located in all 50 states, the District of Columbia, several U.S territories and 18 foreign countries. He is the principal author of several reference works on federal grants management and audits, and currently serves as contributing editor to Federal Grants News and Federal Auditing News, published jointly by Atlantic Information Services, NACUBO and NCURA. He also is a Charter Life Member of the National Grants Management Association and served on its Board of Directors for five years.
Who Should Attend?
- Sponsored programs administrators
- Sponsored projects administrators
- Federal funds managers
- Grant and contract managers
- Finance managers
- Accounting staff
- Internal auditors
- External auditors
The costs of webinars sponsored by Federal Fund Management Advisor are allowable charges to your federal grants and subgrants. Each of the sets of federal cost principles issued by OMB for federal awards administered by state, local, and tribal governments, colleges and universities, and nonprofit organizations explicitly states that the costs of training for employee development and vocational effectiveness are allowable. For your records, the specific citations are:
- OMB Circular A-21 (2 CFR 220), Appendix A, Paragraph J.51—Colleges and Universities
- OMB Circular A-87 (2 CFR 225), Appendix B, Paragraph 42—State, Local and Tribal Governments
- OMB Circular A-122 (2 CFR 230), Appendix C, Paragraph 49(a)—Nonprofit Organizations
CDs (and accompanying written materials) are shipped via UPS. Please give us your street address when you order (UPS does not deliver to PO boxes). You should receive your order within two weeks.* Shipping and handling cost is $12.
The On-Demand Recording will be delivered as a link within a PDF file of the accompanying written materials. Shipping will NOT be charged for this item.
- If you order the On-Demand Recording before the conference date (by itself or in combination with the live Webinar), you will be sent an email with the PDF file attached once the recording is available.*
- After the On-Demand Recording is available*, if you order on this website through our secure shopping cart, you will receive an email, immediately after submitting your order, with a link directing you to download the PDF file. If you order through our customer service department (by phone, mail, fax or email), you will be sent an email with the PDF file attached.
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*On-Demand recordings will be available within a week of the conference and CDs will be available within two weeks.
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