Post Award Compliance, Audits and Closeout - Session 3 - Mastering Grants Management
Mastering Grants Management: From Concept Paper to Closeout Webinar Series - 2023
In this session, participants will learn about the important aspects of Federal grant audit preparation and closeout responsibilities. The webinar will cover key strategies for preparing for the annual compliance audit and managing the closeout process, as well as best practices for ensuring compliance with ongoing responsibilities.
Learning Objectives: By the end of this session,
1. Understand the basics of Federal grant audit preparation and closeout responsibilities, including the different types of audits and their requirements.
2. Develop effective strategies for preparing for a grant audit and managing the closeout process, including conducting an internal audit, maintaining proper documentation, and meeting reporting requirements.
3. Identify the common mistakes made during the grant audit preparation and closeout process and learn how to avoid them.
4. Gain insight into the tools and resources available to support successful grant audit preparation and closeout, such as accounting software and recordkeeping systems.
5. Understand the importance of effective communication and collaboration with grant partners, including Federal agencies and other stakeholders, to ensure successful grant closeout and compliance.