Virtual Learning (October 2021)
Wednesday, October 27, 2021, 1:00 PM - 2:30 PM EDT
Category: Webinars
Virtual Learning
Wednesday, October 27, 2021 | 1:00pm - 2:30pm ET
FREE for Members! | $25 for Members to Purchase CPEs Non-members—CPE Not Included $174! (includes optional 1-year complimentary NGMA membership) Non-members with CPE Included $199 (includes optional 1-year complimentary NGMA membership)
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The Audits are Coming, the Audits are Coming! CARES Act audits have started, 2021 Compliance Supplement is out, what do you need to know? Presented by Edward T. Waters, Managing Partner, Feldesman Tucker Leifer Fidell LLP
In the past 18 months, Congress has passed an astonishing number of emergency funding bills. These pieces of legislation both authorized a number of new programs and appropriated literally hundreds of billions of dollars if not more in the form of federal grants and direct federal assistance designed to mitigate the impact of the pandemic. As with past large emergency funding bills, each bill contained funds for Offices of Inspector General to audit the use of the funds and even created temporary oversight agencies. These funds are also federal funds that must be included on the SEFA, part of each recipient’s Single Audit. Consistent with those audit requirements, OMB recently issued the 2021 Compliance Supplement that included all of the new COVID funding programs such as PRF and CRF among others. This session will review current real-world document requests from the OIG as a precursor of things to come for many recipients as well as address some of the interesting elements of the 2021 Compliance Supplement. Learning Objectives:
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Understand what federal auditors will be looking for and why;
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Discuss common audit findings in federal grants and how to avoid them;
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Review changes in the 2021 Compliance Supplement particularly as they relate to the fairly unusual “Direct Payments for Specified Use;”
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Learn best practices throughout!
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In order to be awarded the full CPE credit, you must respond to all three of the polling questions asked during the program.
Participants will earn 1.8 CPE credits (if purchased): Field of Study: Auditing
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ADDITIONAL INFORMATION |
Prerequisites |
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None |
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Who Should Attend |
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Grant Professionals, including Grant Specialists, Grant Administrators, Grant Managers, Program Officers, Grant Officers, Auditors |
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Program Level |
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Basic
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Advance Preparation |
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None |
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Delivery Method |
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Group Internet Based
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Special Accommodations |
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Individuals with disabilities are encouraged to attend NGMA events. If you require a reasonable accommodation in order to participate in this event, please contact [email protected] at least three weeks prior to the event.
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Event Policies |
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For additional information or assistance with this event including cancellations, substitutions or other program concerns or information regarding administrative policies such as complaints, please contact [email protected]
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For additional information or assistance with registration, please contact Kelli Klepic at [email protected] or (202) 997-9982
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National Grants Management Association 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 the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
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