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Overview
NEW FOR 2023!
Each year the Federal government issues more funding as grants and cooperative agreements than contracts. This trend has accelerated in the past two years and has seen increased media attention due to the COVID-19 crisis and the race for a vaccine and other treatments. In this course, we will introduce you to federal grant funding and discuss the relevant compliance considerations and requirements.

This 2-day course consists of 8 sessions. Session descriptions and learning objectives are listed in the "Agenda" section on this page. Sessions include:
  • Session 1: Basics of Grant Management
  • Session 2: Cost Allowability and Allocability
  • Session 3: Preparing an Indirect Rate Structure and Cost Proposal Rates
  • Session 4: Timekeeping and Labor Accounting for Federal Grants
  • Session 5: Subrecipient Monitoring 
  • Session 6: Billing / Drawdown and Payment; Documentation and Record Retention Issues
  • Session 7: Policy & Procedure and Internal Controls for Grants
  • Session 8: Preparing for Compliance Audits and Final Accounting Under Grants and Cooperative Agreements
Dates/Locations
No upcoming dates/locations at this time
Agenda
9:00 AM - 4:00 PM
Arlington, VA
Session 1: Basics of Grant Management
Program Description: In this session, we will examine the key characteristics that define grants and cooperative agreements. We will also navigate the various regulatory frameworks that govern grants and cooperative agreements, including 2 CFR 200 (Uniform Guidance).
Learning Objectives: By the end of this session, students will understand the regulatory framework and key characteristics that separate contracts, grants, and cooperative agreements. They will also have an understanding of the roles and responsibilities related to grants management. 

Session 2: Cost Allowability and Allocability
Program Description: In this session, we will examine the 2 CFR 200, Subpart E Cost Principles and identify the factors that affect allowability of costs charged to federal grants. We will take a deep dive into types of costs that cause significant disallowances for federal grant recipients and discuss the exceptions to unallowable cost.
Learning Objectives: By the end of this session, students will have an understanding of allowability, allocability, and reasonableness as it pertains to costs charged to a federal grant. Students will also learn to identify exceptions to unallowable cost when present.

Session 3: Preparing an Indirect Rate Structure and Cost Proposal Rates
Program Description: In this session, we will lead students through the indirect cost rate proposal process and provide examples of compliant cost structures for recovery of indirect costs. We will discuss common indirect cost rate negotiation tactics and provide best practices for indirect cost proposal development.
Learning Objectives: By the end of this session, students will be able to develop a compliant cost allocation structure and prepare, submit, and negotiate an indirect cost rate with a federal cognizant agency.

Session 4: Timekeeping and Labor Accounting for Federal Grants
Program Description: In this session, we will focus on the cost principle behind timekeeping, generating quality supporting documentation, and what’s expected under Uniform Guidance. You’ll learn about what audit procedures you are likely to face and how organizations that have received findings could have avoided trouble.
Learning Objectives: By the end of this session, students will be familiar with the timekeeping requirements associated with federal grants and the best practices for implementing a compliant timekeeping system.

Session 5: Subrecipient Monitoring 
Program Description:  In this session, we will address subrecipient monitoring best practices and how to avoid pitfalls. The Uniform Guidance introduced significant new responsibilities for pass-through entities and audit findings have shown that many are still struggling to keep up. If your organization issues subawards this is a can’t miss session. We will cover pass-through entity responsibilities, risk assessments, monitoring best practices, and common pitfalls and how to avoid them.
Learning Objectives:  By the end of this session, students will be familiar with subrecipient monitoring best practices and how to manage subrecipient relationships as a pass-through entity. 

Session 6: Billing / Drawdown and Payment; Documentation and Record Retention Issues
Program Description: In this session, we will discuss cash management and why it is critically important to federal grants management due to the availability of advance funding. Federal grant recipients will need to manage federal cash when billing/drawing down funds and making payments in a manner that is consistent with the regulatory requirements.
Learning Objectives: By the end of this session, students will understand the cash management requirements associated with advance funding on federal grants and be ready to implement best practices for billing/drawdown processes.

Session 7: Policy & Procedure and Internal Controls for Grants
Program Description: In this session, we will discuss the requirements associated with internal controls in 2 CFR 200. We will review the COSO Framework and examine example controls over grants management.
Learning Objectives: By the end of this session, students will have an understanding of the requirements associated with internal controls in 2 CFR 200 and how to implement an adequate system of internal controls in their organization.

Session 8: Preparing for Compliance Audits and Final Accounting Under Grants and Cooperative Agreements
Program Description:  In this session, we will examine subpart F of 2 CFR 200 and discuss the audit requirements associated with grants and cooperative agreements. We will review the most common audit procedures used and discuss how an organization can prepare in advance to help ensure a successful compliance audit.
Experts
  • Levi Zielinski
    CPA, Manager, Capital Edge Consulting
    Levi Zielinski is a Manager with Capital Edge Consulting, Inc., based in the company’s Pittsburgh, PA office. Levi has over a decade of experience in addressing various accounting and compliance issues related to Federal government grants, and internal control assessments. Levi’s experti...
Accreditation
See Individual Courses For Available Credits
Certificates of Completion are provided to all seminar participants who attend Federal Publications Seminars courses following the event, upon request.
CPE: Continuing Professional Education
Field of Study: Specialized Knowledge
Delivery Method: Group-Live Classroom
Federal Publications Seminars is affiliated with West Professional Development and 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.nasbaregistry.org.
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
CPE Hours
This program is eligible for: 13 (CPE) hours of credit
Program Level: n/a
Program Prerequisite: n/a
Advance Preparation: n/a
Method: n/a
CLP: Continuous Learning Points
Approved for CLP by Defense Acquisition University
Defense Acquisition Workforce members must acquire 80 Continuous Learning Points (CLP) every two years from the date of entry into the acquisition workforce for as long as the member remains in an acquisition position per DoD Instruction 5000.66. We will provide you with documentation of points awarded for completing the event.
CLP Hours
This program is eligible for: (CLP) hours of credit
CLE: Continuing Legal Education
States have widely varying regulations regarding MCLE credit. LegalEdcenter is an approved provider in AL, AK, AR, CA, GA, IL, ME, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, TN, TX, UT, VA, VI, VT, WA, WI, and WV. Credit may be applied for in other jurisdictions on request and in accordance with state MCLE rules.
Please note that because some states are changing their policy on CLE reporting, you will need to fill out the request for credit from Federal Publications Seminars within 10 business days, or we may not be able to issue credits for the program.
CLE Hours
This program is eligible for: 11 (60 minutes), 11 (50 minutes)
Travel
No travel information is available at this time
In-House
Bring Federal Publications Seminars to your location! If you would like to offer this course in-house, please contact us.
Schedule Training
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CMBOK Alignments
Leadership
Character
Collaboration
Competence
Emotional Intelligence
Vision
Management
Business Management
Change Management
Financial Management
Project Management
Risk Management
Supply Chain Management
Guiding Principles
Communication and Documentation
Contract Principles
Regulatory Compliance
Situational Assessment
Skills and Roles
Standards of Conduct
Team Dynamics
Pre-Award
Plan Sales
Plan Solicitation
Prepare Offer
Request Offers
Award
Manage Disagreements
Plan Negotiations
Price or Cost Analysis
Select Source
Post-Award
Administer Contract
Close Out Contract
Ensure Quality
Manage Changes
Manage Subcontracts
Learn
Continuous Learning
Individual Competence
Organizational Capability
Level
  • 100
    Basic or fundamental subject matter is covered. Courses are geared to general knowledge or can be taken as a refresher.
  • 200
    Specific topics or issues within a topic area are covered. Students should be familiar with terms of art and general concepts concerning the course topic.
  • 300
    Workshops and class discussions cover specific subject matter in-depth, and participation is strongly encouraged. Attendees should have at least 2-3 years' experience in the area of study.
  • 400
    Courses build upon students' knowledge and experience, and cover complex issues within the subject matter. Should have 4-5 years' mastery of subject for in-depth analysis.
  • 500
    Masters-level programs designed for professionals with 5+ years' experience. Courses cover in-depth and technical analysis on specific subjects and updates on current issues.