Author : | Sefton Boyars, CPA (Ret.), CGFM (Ret.), Author |
Course Length : | Pages: 111 ||| Word Count: 48,665 ||| Review Questions: 34 ||| Final Exam Questions: 40 |
CPE Credits : | 8.0 |
IRS Credits : | 0 |
Price : | $71.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - NASBA Registry |
Technical Designation: | Technical |
Primary Subject-Field Of Study: | Auditing (Governmental) - Auditing (Governmental) for Course Id 2305 |
Description : | The administrative rules in the Uniform Guidance for federal grants cover a lot of ground. Let Sefton Boyars and Bill Allen guide you through these requirements for managing grants from the grantee, the grantor, and the auditor perspective. Sefton and Bill will provide you with hard-earned insights into the trickier, unexpected clauses that could hang you up. This course covers the latest administrative rules published in the OMB Uniform Guidance Admin Rules in Title 2: Part 200 of the Code of Federal Regulations (also known as: Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards) |
Usage Rank : | 23333 |
Release : | 2024 |
Version : | 1.0 |
Prerequisites : | None. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Federal Grants In Aid: Overview and Examples
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 13-Jun-2024 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - NASBA Registry - 2305 |
Keywords : | Auditing (Governmental), OMB, Uniform, Guidance, Admin, Rules, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives Course objectives include:
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
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Course Contents : | Chapter 1: General Principles & Basic Premises 1-1 Note 1-1-1 Inclusion of 2 CFR 200 Sections 1-1-2 What This Course Covers & What It Does Not Cover 1-2 Introduction to Federal Administrative Requirements 1-2-1 Why Uniform Administrative Rules? 1-2-2 Acronyms, Definitions & Relationships 1-2-3 Four Types of Regulations Applicable to Each Grant 1-2-3a Layer 1: Cross-Cutting Administrative Rules 1-2-3b Layer 2: Cross-Cutting Cost Principles 1-2-3c Layer 3: Program Rules 1-2-3d Layer 4: Individual Grant Terms & Conditions 1-3 Overview of Uniform Administrative Requirements & Basic Premises 1-4 Application of the Uniform Administrative Requirements 1-5 Role of the Office of Management & Budget 1-6 Basic Premises 1-6-1 Split That Contract? No, Don’t Split That Contract! Chapter 1 Summary Review Questions for Chapter 1 Chapter 2: Acronyms & Definitions Used in the Uniform Administrative Requirements 2-1 Reviewing Definitions 2-2 Acronyms & Definitions – Index 2-3 Acronyms Used in 2 CFR 200 2-4 Key Definitions Expanded Chapter 2 Summary Review Questions for Chapter 2 Chapter 3: Subpart B - General Provisions 3-1 Purpose & Applicability of the General Provisions 3-1-1 Purpose 3-1-2 Applicability 3-2 Federal Agency Latitude 3-2-1 Exempted Programs Under Parts of 2 CFR 200 3-2-2 OMB May Grant Exceptions 3-3 Title 2 CFR 200 – The “Supercircular” 3-4 Agency Implementation & OMB Responsibilities 3-4-1 Agency Implementation 3-4-2 OMB Responsibilities 3-5 Announcements Must Be in English – Sometimes 3-6 Conflict of Interest 3-7 Mandatory Disclosures Chapter 3 Summary Review Questions for Chapter 3 Chapter 4: Subpart C - Pre-Federal Award Requirements & Contents of Federal Awards 4-1 Grant Agreements, Cooperative Agreements & Contracts 4-2 Public Notice Requirements 4-3 Notices of Funding Opportunities 4-4 Competitive Awards – Merit Review Process 4-5 Risk Assessment by Federal Agencies 4-6 Suspension & Debarment 4-7 Standard Application Requirements 4-8 Remedies When Working with High-Risk Grantees 4-9 Certifications & Representations 4-10 Pre-Award Costs 4-11 Information That Must Be Included in the Award 4-12 Award Information Is Public Information 4-13 Reporting a Determination That an Organization Is Not Qualified 4-14 Non-Federal Entities Subjected to the Non‑Procurement Suspension & Debarment Regulations Chapter 4 Summary Review Questions for Chapter 4 Chapter 5: Subpart D - Post Federal Award Requirements - Standards for Financial & Program Management 5-1 Post Federal Award Requirements – Index 5-2 Standards for Financial & Program Management 5-2-1 Statutory & National Policy Requirements 5-2-2 Performance Measurement 5-2-3 Financial Management 5-2-4 Internal Controls 5-2-5 Bonds & Insurance 5-2-6 Federal Payment 5-2-7 Cost Sharing or Matching 5-2-8 Program Income 5-2-9 Revisions to Budgets & Program Plans 5-2-10 Period of Performance Chapter 5 Summary Review Questions for Chapter 5 Chapter 6: Subpart D - Post Federal Award Requirements - Property Standards 6-1 Insurance Coverage 6-2 Real Property 6-3 Federally-Owned & Exempt Property 6-4 Equipment 6-5 Supplies 6-6 Intangible Property 6-7 Property Trust Relationship Chapter 6 Summary Review Questions for Chapter 6 Chapter 7: Subpart D - Post Federal Award Requirements - Procurement Standards 7-1 Procurement Standards 7-1-1 Procurement by States 7-1-2 General Procurement Standards 7-1-3 Competition 7-1-4 Procurement Methods to Follow 7-1-5 Contracting with Small & Minority Businesses 7-1-6 Domestic Preferences for Procurements 7-1-7 Procurement of Recovered Materials 7-1-8 Contract Cost & Price 7-1-9 Federal Awarding Agency or Pass-Through Entity Review 7-1-10 Bonding Requirements 7-1-11 Contract Provisions Chapter 7 Summary Review Questions for Chapter 7 Chapter 8: Subpart D - Post Federal Award Requirements - Monitoring & Reporting by Recipients 8-1 Performance & Financial Monitoring & Reporting 8-1-1 CFR Index to Performance & Financial Monitoring & Reporting 8-1-2 Financial Reporting Requirements 8-1-3 Monitoring & Reporting Program Performance 8-1-4 Reporting on Real Property 8-2 Subrecipient Monitoring & Management 8-2-1 CFR Index to Subrecipient Monitoring & Management 8-2-2 Subrecipient Monitoring & Management 8-2-3 Requirements for Pass-Through Entities 8-2-4 Fixed Amount Subawards 8-3 Record Retention & Access 8-3-1 CFR Index to Record Retention & Access 8-3-2 Retention Requirements for Records 8-3-3 Transfer of Records 8-3-4 Methods for Collection, Transmission & Storage of Information 8-3-5 Access to Records 8-3-6 Restrictions on Public Access to Records Chapter 8 Summary Review Questions for Chapter 8 Chapter 9: Subpart D – Post Federal Award Requirements – Remedies for Noncompliance, Closeout & Collection of Amounts Due 9-1 Remedies for Noncompliance 9-1-1 CFR Index to Remedies for Noncompliance 9-1-2 Remedies for Noncompliance 9-1-3 Termination 9-1-4 Notification of Termination Requirement 9-1-5 Opportunities to Object, Hearings & Appeals 9-1-6 Effects of Suspension & Termination 9-2 Closeout 9-3 Post-Closeout Adjustments & Continuing Responsibilities 9-4 Collection of Amounts Due Chapter 9 Summary Review Questions for Chapter 9 Concluding Remarks Appendix: Useful Websites Glossary |