Washington, DC (PRWEB) October 30, 2015
The Office of Management and Budget’s revised federal policies on documentation include a combination of features that have worked reasonably well for decades and new provisions that help to modernize federal grant recordkeeping. In “Marking Your Audit Trail Under OMB Grant Reform,” an upcoming Nov. 10 webinar from Federal Fund Management Advisor (FFMA), FFMA principal and federal grants expert Bob Lloyd will provide an intensive drill on the revised policies to help organizations better align grants documentation practices with what OMB expects.
This 90-minute program will explain:
- What types of cost charges carry specific recordkeeping requirements?
- Are there required federal formats? How about recommended ones?
- What does OMB mean by “records pertinent to an award”?
- What is the impact of the Electronic Signatures Act on grant records?
- How does a recent executive order issued by President Obama figure in?
- How does the three-year retention standard apply to different kinds of records?
- How can organizations harmonize federal recordkeeping policies with their own?
- Who gets to look at the records because of federal rules? Who doesn’t?
- What records must be kept for subawards — and by whom?
- When can grant records safely be disposed?
The webinar also includes generous time for a question-and-answer session.
Visit http://federalfundmanagement.com/webinars/wg524_111015 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.