Federal Fund Management Advisor to Discuss OMB’s New Higher Standards for Internal Controls

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In a March 11 webinar, federal grants expert Bob Lloyd will prepare participants for the stricter internal control standards in OMB’s new “Super Circular.”

OMB’s new instructions in the “Super Circular” about internal controls have been ratcheted up. So, what features should federal grant internal controls have going forward? The March 11 Federal Fund Management Advisor webinar, “Internal Controls for Your Federal Grant Programs — Meeting OMB’s New Higher Standards,” will analyze the new internal control requirements and identify the kinds of responses that make sense in a federal grant context.

Federal grants expert and principal of Federal Fund Management Advisor Bob Lloyd will answer key questions like:

  • What will be the actual requirements for federal grant internal control?
  • What are the elements of internal control covered in the documents cited by OMB?
  • How can these elements be applied to key federal grant compliance areas like: management of federal cash advances and program income, cost allowability and allocability, management of grant-acquired property, and more.
  • What additional resources are available to help review and, if necessary, upgrade grant internal controls?

Visit http://federalfundmanagement.com/webinars/wg411_031114 for more details and registration information.

Bob Lloyd is a respected authority on policies and practices affecting the award, administration and oversight of federal grants, contracts and subawards. Mr. Lloyd has more than 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 16 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, published by Atlantic Information Services. 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.

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Shelly Beaird-Francois
Atlantic Information Services
+1 (202) 775-9008 Ext: 3064
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