In this session, we will dive into the post-award administrative topics that can pose the largest amount of risk to even the most seasoned award recipients. Unfortunately, the Uniform Guidance regulation is great at telling organizations `what' they must do when performing under Federal awards, however, they do not always tell organizations `how' to establish compliant practices and processes that will fulfill the expectations of Federal agencies. During this session, we will address key administrative requirements and the associated best practices for award administration. Learning Objectives:  Understanding the revisions to post-award administrative requirements necessary for the successful and compliant execution of your Federal awards. This session will cover the areas of: o Timekeeping o Procurement o Subrecipient Monitoring o Post-closeout adjustments & continuing responsibilities

Once documented, now it's time for customer inspection. Learn the fundamental audit and administration expectations when supporting adequacy and compliance audits. Disclosure Statements are subject to two types of audits: Adequacy and compliance. The adequacy audit is a barrier to entry audit, meaning the lack of a "clean" opinion can impede a CAS contract award. Additionally, the compliance audits include audit programs identified to each of the 19 standards. In this session, participants will become familiar with the common audits supporting CASB Disclosure Statement compliance and identify conventional risks and readiness strategies to help mitigate audit risks.

Completing the benchmark which we call the Disclosure Statement involves a multidisciplinary team comprised of functional areas that may include Accounting/Finance, Human Resources, Treasury, Program, and Pricing members. In this session, we walk through the Disclosure Statement -- Specifically, the cover sheet, eight parts of the Disclosure Statement, and the continuation sheet. We'll describe the resources supporting each section and the requirements.