Washington, DC (PRWEB) October 16, 2012
Federal Fund Management Advisor is pleased to announce its Oct. 23 webinar, “Monitoring Subrecipients of Federal Grants: The Essentials,” a clear and detailed presentation of the requirements and key techniques primary federal grant recipients and other “pass-through” entities can use to effectively monitor subrecipients.
Whether by legislative mandate or program design, subgrants to other organizations constitute a large chunk of the resources administered by many primary grant recipients and other so called “pass-through entities.” Making sure that subgrant funds are spent properly, program performance goals are achieved, and accurate data about expenditures and accomplishments is reported is a large and challenging assignment — one that is surrounded by federal law and regulation.
The federal government has stayed out of the business of dictating a “one size fits all” approach to the job of subrecipient monitoring, which offers flexibility about how to meet monitoring responsibilities but can also leave key stakeholders adrift among various opinions about what techniques to use and how to allocate oversight resources.
Attendees of this Oct. 23 webinar will learn:
- The actual requirements for subrecipient monitoring and where they come from
- The required information to gather about subrecipient organizations
- The kind of mandated vetting and what databases to use
- How effective pre-award reviews can help structure post-award oversight
- The range of post-award techniques that can be used
- Which techniques should be applied in particular situations
- How to track subrecipients’ Circular A-133 audits
- The primary grant recipient’s role in disallowance of cost and corrective actions at the subrecipient level
- Vulnerabilities that could result from ineffective subrecipient monitoring
- What policy changes the federal government is considering
Visit http://federalfundmanagement.com/webinars/wg225_102312 for more details and registration information.
The webinar will be presented by Bob Lloyd, a respected authority on policies and practices affecting the award, administration and oversight of federal grants, contracts and subawards. Mr. Lloyd has nearly 40 years of experience in federal award implementation. Prior to starting his management consulting practice in Washington, D.C., in 1982, he served as the executive director of the Grants Management Advisory Service and held staff positions in two large federally funded organizations. Since then, he has been a consultant, trainer or advisor to award and audit units in sixteen federal award-making departments and agencies, and to recipient and subrecipient organizations and their professional advisors located in all 50 states, the District of Columbia, several U.S territories and 18 foreign countries. He is the principal author of several reference works on federal grants management and audits, and currently serves as contributing editor to Federal Grants News and Federal Auditing News, published jointly by Atlantic Information Services, NACUBO and NCURA. He also is a Charter Life Member of the National Grants Management Association and served on its Board of Directors for five years.
Attendees of the Live Webinar Can Earn Up to 1.5 CPE Credits
Federal Fund Management Advisor 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: http://www.learningmarket.org.
About Federal Fund Management Advisor
Federal Fund Management Advisor is an organization that sponsors Federal Funding webinars and delivers free Federal Funding E-Strategies. Go to http://www.FederalFundManagement.com to read the latest E-Strategy, “Beware of Making ‘False Claims’ When Asking for a Federal Grant.”