Federal Fund Management Advisor Webinar to Present Tips on Self-Auditing Grants Management Policies and Procedures Manuals

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In the latest webinar from Federal Fund Management Advisor, federal grants expert Bob Lloyd will detail how organizations can conduct a self-audit of their grants management policies and procedures to ensure balanced accountability and avoid red tape.

A structured review of federal grants management policies can ensure balanced accountability and avoid red tape. The latest webinar from Federal Fund Management Advisor, “’Audit’ Your Federal Grant Policy Manual for Right-Sized Controls and Better Productivity,” will provide tips and tactics to help organizations achieve both those goals.

A lot of attention these days gets devoted to the annual financial audit that federal grant recipients and subrecipients must undergo under Office of Management and Budget Circular A-133 if they expend more than $500,000 annually in federal awards. There is another kind of “audit,” however, that most grantee organizations do not regularly undergo that can offer benefits like getting rid of overly bureaucratic procedures that contribute nothing to compliance, control or productivity, and instituting ones that do. This “audit” involves a regular, clear-eyed review of the policy and procedure manual that covers federal grant management.

This March 29 webinar has been crafted to help organizations conduct a structured review of federal grants management policies by laying out what topics on which the federal government expects reporting and how it makes sense to do so. It will examine federal standards for policies on:

  • Financial management
  • Procurement
  • Property management
  • Records access and retention
  • Cost allowability
  • Human resource management
  • Travel
  • Subgranting

Further, the webinar will highlight ways that organizations can assure proper design and operation while maintaining needed flexibility.

Visit http://federalfundmanagement.com/webinars/wg307_032713 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 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 and Federal Auditing News, published jointly by Atlantic Information Services and NACUBO. 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, “Can They Cut Off Your Federal Grant at the Next ‘Cliff’?”

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Shelly Beaird-Francois
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