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    In-Depth Review of OMB’s NEW “Super Circular” (2 CFR Part 200); Pre-conference to the Community Action Partnership (CAP) 50th Anniversary Annual Convention

    August 18, 2014 - August 19, 2014

    Marriott Wardman Park Hotel
    2660 Woodley Rd NW
    Washington, DC  20008
    Event Contact:
    (888) 876-4992


    Having strong internal controls and understanding the rules governing how you can and cannot spend federal dollars are keys to fiscal management and overall compliance in your organization…and these rules are changing.
    Professionals new to the organization, as well as professionals who have been there for decades, will benefit from this review of the administrative and cost principles/allocation sections of the 2 CFR Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (also known as the “Super Circular”).
    Join this training workshop to learn about the new “Super Circular” regulations and, more importantly, how to implement them into your organization. Review the regulations you need to know to stay in compliance through examples, stories, and best practices learned from years of auditing and consulting. Take back up-to-date and relevant information to implement immediately in your agency.
    Wipfli’s nonprofit experts have been presenting the highest-quality training for more than 40 years. Participants declare Wipfli training “empowering,” “outstanding,” “meaningful,” “invaluable,” and “relevant.” At this training, Denes L. Tobie and Janet S. Johnson will provide you with in-depth training relating to financial management and administration and community action-specific requirements.

    NEW!—Be Prepared: Wipfli is “Going Green!”

    Materials for this training workshop will be available online two weeks prior to the start of the workshop. For your convenience, you will have access to the online materials for two weeks following the workshop. 

    Please download the materials before the workshop to your computer/device and bring your computer/device with you to the workshop. If you prefer to print the materials, please bring them with you because paper copies will not be available on site. 

    Internet access and power outlets will be available. You will receive a workbook on site for hands-on activities. Registered attendees will receive an e-mail when the materials are available online.


    Denes L. Tobie, CPA
    Partner, Nonprofit and Government Practice
    Wipfli LLP
    Janet S. Johnson, CPA, CMA
    Senior Manager, Nonprofit and Government Practice

    Training Seminar Outline

    Day 1: General Provisions and Administrative Requirements
    Monday, August 18, 2014; 8:30 a.m. – 5 p.m.
    Advanced Preparation: None
    Level:  Basic 
    Prerequisite: None
    Field of Study:  Specialized Knowledge and Applications
    After an introduction and discussion of the laws and regulations, there will be a discussion of the general provisions and administrative requirements. We’ll focus on these key areas:
    • Applicability and implementation dates for the new regulations
    • Standards for financial management systems and internal controls
    • Property and equipment
    • Program income
    • Budget revisions
    • Procurement
    • Requirements for pass-through agencies
    • Reporting and records retention requirements
    Learning Objectives:
    1. Understand the organization, applicability, and implementation timeline of the new Circular.
    2. Understand the requirements for financial systems.
    3. Understand the regulations on program income, property, and procurement.
    4. Learn the requirements for reporting and records retention.

    CPE credits for day one:  7.0 credits*

    Day 2: OMB Cost Principles, Cost Allocation, Selected Items of Cost, and Audit Requirements
    Tuesday, August 19, 2014; 8:30 a.m. – 5 p.m.

    Advanced Preparation: None
    Level: Basic
    Prerequisite: None
    Field of Study: Specialized Knowledge and Applications
    The cost principles cover the costs that a grant-funded program can charge to federal grant awards. General principles, allowable costs, unallowable costs, and costs that require prior approval will be discussed. We’ll also discuss all changes in regard to cost allocation and selected items of cost. We’ll also discuss changes in audit requirements coming with implementation of the new regulations.
    Learning Objectives:
    1. Learn the basics of allowable cost.
    2. Discuss direct and indirect costs.
    3. Understand the options for cost allocation in the new Circular.
    4. Learn the changes in audit requirements.

    CPE credits for day two:  7.0 credits*


    Daily Schedule
    Monday, August 18, 2014                   
    7:45 – 8:30 a.m.                              Registration and Light Refreshments
    8:30 a.m. – 12 p.m.                         General Provisions and Administrative Requirements
    12 – 1:30 p.m.                                  Lunch (on your own)
    1:30 – 5 p.m.                                    Administrative Requirements (continued)
    Tuesday, August 19, 2014                 
    8 – 8:30 a.m.                                    Light Refreshments
    8:30 a.m. –12 p.m.                          OMB Cost Principles and Cost Allocation
    12 – 1:30 p.m.                                  Lunch (on your own)
    1:30 – 5 p.m.                                    OMB Selected Items of Cost and Audit Requirements

    Registration Fee
    • Early-bird rate: $495 per person if registered by July 21, 2014.
    • Regular rate: $695 per person if registered after July 21, 2014.


    GFP Internet Service Subscribers automatically receive an additional $25 discount per registrant!

    Registration fees include:
    • Up to 14 hours of training in accordance with the standards of the National Registry of CPE Sponsors. CPE credits are granted based on a 50-minute hour.
    • Comprehensive training manual.
    • Refreshment breaks.


    Cancellation Policy:
    Cancellations made after  July 28, 2014, will be charged $100 per person cancellation fee. If you cancel, you may send a substitute from your organization or transfer your registration fee to a future seminar without penalty. Participants who register but neither attend or cancel are charged for their full registration fee. Call 888.876.4992 for questions about this policy.

    Hotel Information
    Marriott Wardman Park Hotel
    2660 Woodley Rd NW
    Washington, DC 20008
    For hotel accommodations and additional conference information, visit the Community Action Partnership website.
    Please note:  Wipfli will only be presenting at this conference. Wipfli does not have a room block. If you have any questions, you must contact Community Action Partnership or the hotel.

    *National Registry of CPE Sponsors: Wipfli LLP 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: www.learningmarket.org.
    Instructional Delivery: Group-Live.  For more information regarding administrative policies, such as complaint, cancellation, and refund policies, please contact our offices at 888.876.4992.

    In-Depth Review of OMB’s NEW “Super Circular” (Pre-conference to the Community Action Partnership [CAP] 50th Anniversary Annual Convention)
    August 18, 2014 - August 19, 2014
    To register online for this event, please see the above information.
    Cost:  $695.00