In-Depth Review of OMB Circulars

at the 2010 Community Action Partnership Annual Convention

August 30 - 31, 2010 | Boston, MA | 888.876.4992

Why Attend

Financial management and funding are the two most important areas facing federally funded programs. It is important that agencies be in compliance with Federal administrative requirements and cost principles. This requires an organization to be committed to understanding the regulations and the importance of being in compliance with them. Organizations out of compliance risk losing their grants, having grant funding reduced, or the potential for having to repay disallowed costs.

Wipfli’s nonprofit experts have been presenting the highest quality of training for more than 40 years. Participants declare Wipfli training “empowering”, “outstanding”, “meaningful”, “invaluable” and “relevant”. At this training, Howard Gesbeck will provide you with an in-depth review of OMB Circulars relating to financial management and administration, and practical ways to apply the most current information to your program operations.

Trainer

Howard Gesbeck, CPA, JD
Partner, Nonprofit and Government Practice
Wipfli LLP

Training Seminar Outline

Day 1: Administrative Requirements
After an introduction and discussion of the laws and regulations, there will be a discussion of the administrative requirements (OMB Circular A-110, 45 CFR Part 74, and the Common Rule, 45 CFR Part 92). We'll review all of the administrative requirements (how a program operates), and focus on these key areas:

• Standards for financial management systems and internal controls
• Procurement
• Property and equipment
• Program income
• Budget revisions

This includes applicable requirements from the HHS Grants Policy Statement Manual.

CPE credits for day one: 7.5 credits*

Day 2 Morning: Cost Principles
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 (A-122 for NPOs and A-87 for units of government). This session will also include a discussion of various allowable costs issued from the HHS Grants Policy Statement manual.

Day 2 Afternoon: Cost Allocation
Costs incurred by an organization in connection with programs are eligible charges against grants and contracts. Whether these costs are incurred by the program itself, or another program that provides supportive services to the program, they are allowable if the costs are necessary for the efficient conduct of the grant or contract. This session will focus on direct and indirect cost allocation. We’ll discuss and clarify policies that apply to funds that are used in collaboration with other funding sources. Cost allocation plans should be simple and straightforward, and we’ll give you some suggestions for ways to accomplish this. We’ll also suggest ways to allocate your costs to help your agency run efficiently and effectively.

CPE credits for day two: 7.5 credits*

• Register

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Daily Schedule

Registration Fee

Note: You are not required to be a Community Action Partnership member or registered for the Annual Convention to attend this training. Fees below do not include registration to attend the Annual Convention.

• Register by June 25 - pay $495 per person
• Register between June 26-July 30 - pay $545 per person
• Register after July 30 - pay $595 per person

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

Registration fees include:

• Up to 15 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 August 13, 2010 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 liable for their full registration fee. Call 888.876.4992 for questions about this policy.

Hotel Information

Boston Marriott Copley Place - SOLD OUT*
110 Huntington Avenue | Boston, Massachusetts 02116
P: 617.236.5800 or 800.228.9290

Westin Copley Place - SOLD OUT*
10 Huntington Avenue | Boston, Massachusetts 02116
P: 617.262.9600 or 888.627.7216

*Community Action Partnership has provided a list of additional hotels near the Boston Marriott Copley Place on their website. To view the listing, click here.

For more information about the Annual Convention, visit www.communityactionpartnership.com.

*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. Compliants regarding registered sponsors may be addressed to the national Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417or by visiting www.nasba.org.

Field of Study: Specialized Knowledge and Applications. Instructional Delivery: Group-Live. Course Level: Basic. Prerequisites: None. Advance Preparation: None. For more information regarding administrative policies, such as complaint, cancellation and refund policies, please contact our offices at 888.876.4992.