Washington, DC (PRWEB) October 23, 2015
When the Office of Management and Budget completed its recent grant reform initiative, it updated a set of policies that reinforced the importance of federal grant reporting, emphasizing the role of the Paperwork Reduction Act, adding new requirements, and leaving room for grantors to come up with even more requirements. Additionally, OMB did not clarify what kinds of reports pass-through entities can demand from subrecipients. To help grantees get a handle on these changes, Federal Fund Management Advisor is pleased to offer “Updating Your Federal Grant Reporting Checklist Based on OMB Reforms,” an upcoming Nov. 3 webinar, which will identify each relevant requirement and drill down on what has to be reported, how and when.
Presented by Federal Fund Management Advisor principal Bob Lloyd, this 90-minute program will explain:
- Rules that apply to reporting imposed by federal agencies
- Rules that apply to reporting imposed by pass-through entities
- Financial reporting relying on the Standard Form 425
- Performance reporting and attention to the Government Performance and Results Act
- The importance of timely reporting of “extraordinary” events
- New required disclosures related to conflict of interest and federal criminal laws
- Subaward reporting under the Federal Funding Accountability and Transparency Act (FFATA)
- Continued reporting obligations for real property purchased or constructed with federal funds
- President Obama’s executive order on methods of reporting and transmission
- Reporting at the closeout of an award
- The single audit reporting package
- The requirements of the Digital Accountability and Transparency Act (DATA)
The webinar also includes a generous question-and-answer session.
Visit http://federalfundmanagement.com/webinars/wg523_110315 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.