Before attending this governmental auditing CPE course, understanding the full scope of administrative rules for managing federal grants can be overwhelming, especially considering the potential for unexpected clauses and detailed regulatory requirements. This course acts as a bridge, providing a comprehensive understanding of the OMB Uniform Guidance Admin Rules in Title 2: Part 200 of the Code of Federal Regulations. After completion, participants will be proficient in differentiating among the layers of regulations regarding federal award administration, defining key terms, and identifying pre-and post-award requirements. The auditing CPE course also covers aspects such as property and procurement standards, performance and financial monitoring, reporting, and record retention. Additionally, attendees will learn about subrecipient monitoring and management, noncompliance remedies, and the processes involved in award closeout. This audit CPE is essential for professionals seeking to enhance their expertise in federal grant administration and ensure compliance with all relevant regulations.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Describe the regulations underlying the uniform administrative requirements applicable to state and local governments and nonprofits
Identify key government regulators and their related acronyms
Differentiate among the four layers of regulations regarding federal award administration
Define terms used in the uniform administrative requirements
Identify the pre-federal award requirements in 2 CFR 200
Identify the contents of federal awards as set out in 2 CFR 200
Describe the post federal award requirements regarding property standards
Examine the post federal award requirements regarding procurement standards
Identify the requirements regarding performance and financial monitoring and reporting
Differentiate among the rules related to recipient record retention and access
Contrast the characteristics of a subgrantee with those of a contractor for the purposes of subrecipient monitoring and management
Identify remedies for noncompliance
Determine when an award may be closed out and what is affected by the award closeout
Major Topics
General Principles and Basic Premises
Acronyms and Definitions of Uniform Administrative Requirements
General Provisions
Pre-Federal Award Requirements
Post-Federal Award Requirements
