Federal Grants Expert to Offer Guidance on Overcoming Federal Grant Reporting Challenges

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The Sept. 22 webinar from Federal Fund Management Advisor will sort through the current and future reporting requirements, and offer advice on how to best meet them.

Because of the way that grant programs are designed, federal awarding agencies and pass-through entities must rely heavily on the timeliness and accuracy of reporting. Late or inaccurate submissions have been seen for years as the first indication of grants management problems. More recently, grant reporting has taken on a new dimension — government transparency. “Meeting Federal Grant Reporting Challenges — Supporting Your Claims and Feeding Federal Databases,” the Sept. 22 Federal Fund Management Advisor webinar, will sort through the current and future reporting requirements that organizations are facing, and offer advice on how to best meet them.

Prinicipal of Federal Fund Management Advisor and federal grants expert Bob Lloyd will present for 60 minutes and follow with 30 minutes dedicated to individual questions. Participants will get answers to questions such as:

  •     How are grant obligations and cash disbursements supposed to be reported?
  •     When are subgrants and contracts under grants recognized for reporting purposes?
  •     What is the “three-day rule” for cash management and how is it interpreted?
  •     How are indirect (F&A) cost charges calculated and reported?
  •     What are the vulnerabilities associated with performance reporting?
  •     What’s changed under OMB’s recent grant reform initiative?
  •     What are the rules for the timing and detail of FFATA subaward reporting?
  •     What aspects of reporting are independent auditors supposed to check?
  •     What specific forms must be completed for grant-acquired property and audit submissions?
  •     What are the implications of the critical GAO report on FFATA for recipients and subrecipients?
  •     What new wrinkles and burdens does the DATA Act introduce?

Visit http://federalfundmanagement.com/webinars/wg426_092214 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 provides recipients and subrecipients of federal funds with accurate, responsible and practical advice concerning the acquisition, administration and oversight of federal grants, cooperative agreements and contracts. Through management, compliance and best practices webinars, and a wide variety of technical assistance capabilities, this advisory service can help organizations navigate effectively in today’s highly charged federal fund accountability atmosphere. Visit http://www.federalfundmanagement.com.

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