Introduction to the Uniform Grants Guidance
Geared toward those administrators that are new to federal grants management or want a refresher on the basics of the federal rules, this virtual training will review the major sections of 2 CFR Part 200 – Uniform Administrative Cost Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance, or UGG). This training will focus on the allowability of costs, financial management, procurement requirements, inventory management, time and effort, and documentation.
On August 13, 2020, the Office of Management and Budget (OMB) published revisions to the UGG that amended existing sections and added new requirements. While the revisions became effective on November 12, 2020, OMB has since release technical revisions, updated its FAQs, and issued other guidance interpreting these requirements. This training will prove an overview and discuss all these changes.
Who Will Benefit?
This webinar is of value to all federal granting agencies, federal grant recipients, and everyone who works with federal grants, including:
- Federal grants administrators at al NFEs including state and local governments, school districts, non-profits, institutions of higher education, etc.
- Federal grant fiscal and program monitors
What Will You Learn?
Attendees will learn:
- Learn the general UGG requirements applicable to subrecipients versus pass-through entities;
- Understand the cross-cutting grants management requirements at 2 CFR Part 200, including financial and equipment management;
- Appreciate the allowability requirements in the Uniform Guidance, including time and effort documentation; and
- Learn what procurement rules and flexibility exist for non-federal entities.
Brustein & Manasevit, PLLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education (CPE) 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: http://www.learningmarket.org.