The Audits are Coming
An abundance of coronavirus relief funding means new compliance requirements and audit risk for grantees receiving those awards. In addition, many smaller grantees may be required to be audited for the first time. This training will cover the audit requirements in Subpart F of the Uniform Grants Guidance, and the audit requirements of each source of coronavirus funding (CARES, CRRSAA, ARP), and how to properly document flexibilities for audit purposes. In addition, we’ll highlight lessons learned from published audits.
Who Will Benefit?
This webinar is of value to all federal granting agencies, federal grant recipients, and everyone who works with federal grants, including:
- Grant and program administrators
- Grant program staff
- State, district and school personnel
- Program monitors
What Will You Learn?
Attendees will learn:
- Basic audit principles from Subpart F of the Uniform Guidance and how it applies to stimulus funding
- Which compliance requirements apply to each funding stream (ESSER, GEER, HEERF, EANS, etc.…) under the various stimulus bills.
- Specific guidance issued by the Office of Management and Budget regarding audit rules for stimulus funds under CARES, CRRSAA, and ARP.
- Time and effort requirements for the various stimulus funds
- How to report stimulus funding on the annual schedule of expenditures of federal awards (SEFA)
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.