Learn How to Document Grant Costs in Oct. 30 Webinar

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Federal grants expert Bob Lloyd will demonstrate how to develop credible, reliable and defensible documentation to support federal grant transactions in an Oct. 30 webinar sponsored by Federal Fund Management Advisor.

Federal Fund Management Advisor is pleased to announce its Oct. 30 webinar, “‘If It’s Not Documented, It Didn’t Happen’ — How to Make Sure Your Grant Costs Are Supported,” an informative and practical look at federal grant documentation from a recipient and subrecipient perspective.

The federal rules related to grant documentation are fairly ambiguous. They say things like costs must be “adequately documented” or that the grant accounting records must be “supported by source documentation.” But the details about how to do that are left to recipients and subrecipients to craft and, too often, for auditors to second guess. A lot of questioned costs can get turned into disallowed costs if the documentation is deemed substandard.

During this Oct. 30 webinar, attendees will learn what is actually required for the documentation of and the best practices for charges like:

  • Employee salaries and wages
  • Fringe benefits
  • Professional consulting services
  • Travel
  • Equipment purchases and utilization
  • Materials, supplies and withdrawals from central stores
  • Facility leasing
  • Building depreciation, use, operation and maintenance
  • Third-party in-kind contributions
  • Subawards
  • Other direct costs

Visit http://federalfundmanagement.com/webinars/wg226_103012 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.”

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Shelly Beaird-Francois
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