In-Depth Training on OMB's Uniform Guidance including New Updates

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In-Depth Training on OMB's Uniform Guidance including New Updates

11/16/2020 12:30 PM - 11/20/2020 04:00 PM (CT)

Register now

Join us online for this virtual training workshop to learn about the Uniform Guidance regulations (2 CFR Part 200 Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards).  We will review the regulations, share examples and stories and also share best practices learned from years of auditing and consulting. We will discuss the new updates to the Uniform Guidance that were issued on August 13, 2020, and review what the changes to the procurement regulations, definitions, selected items of cost, audit requirements and so much more mean for your agency.

Wipfli’s nonprofit experts have been presenting high-quality training for more than 40 years.  During this virtual workshop, we will provide you with federal grant regulation training relating to financial management and administration to help you with financial grant compliance.

Participants declare Wipfli training “empowering,” “outstanding,” “meaningful,” “invaluable,” and “relevant.”  Join us from the comfort of your location.  Sign up today!

Registration Fee*

• Regular rate:  $795 per person.

*Wipfli accepts AmEx, Discover, Visa, and Mastercard.

Registration fees include:

• Up to 10.5 CPE credits in accordance with the standards of the National Registry of CPE Sponsors. CPE credits are granted based on a 50-minute hour.
• Reference materials (any PowerPoint presentations and/or additional references) available for download.

Cancellation Policy
Cancellations made after October 16, 2020, will be charged $100 per person cancellation fee. If you cancel, you may send a substitute from your organization. Participants who register but neither attend nor cancel are charged for their full registration fee. Call 888.876.4992 for questions about this policy.

Hotel Information

Virtual – we will send you the link prior to the training

Daily Schedule

Monday, November 16, 2020;   
12:30 – 4 p.m. CT                      General Provisions, Administrative Requirement, Procurement

Wednesday, November 18, 2020           
12:30 – 4 p.m. CT                      Monitoring and Reporting, Cost Principles, Cost Allocation

Friday, November 20, 2020      
12:30 – 4 p.m. CT                      Selected Items of Cost and Audit Requirements

Training Workshop Outline

Day 1: General Provisions, Administrative Requirements, Procurement
Monday, November 16, 2020; 12:30 – 4 p.m. CT

Advanced Preparation: None
Level:   Basic
Prerequisite: None
Field of Study:   Specialized Knowledge
CPE*:  3.5.0 credit(s)

After an introduction and discussion of the laws and regulations, we will discuss the general provisions and administrative requirements of Uniform Guidance, then focus on standards for financial management systems and internal controls, property and equipment and procurement.

Day 2:  Monitoring and Reporting, Cost Principles, Cost Allocation
Wednesday, November 18, 2020; 12:30 – 4 p.m. CT

Advanced Preparation: None
Level:   Basic
Prerequisite: None
Field of Study:   Specialized Knowledge
CPE*:  3.5 credit(s)

Day 2 will include discussion regarding the requirements for pass-through entities, reporting and record retention requirements, general provisions of the cost principles and cost allocation, including indirect cost rates.

Day 3:  Selected Items of Cost and Audit Requirements
Friday, November 20, 2020; 12:30 – 4 p.m. CT

Advanced Preparation: None
Level:   Basic
Prerequisite: None
Field of Study:   Specialized Knowledge
CPE*:  3.5 credit(s)

Day 3 will follow with the cost principles and discussion of the costs that a grant-funded program can charge to federal grant awards, including allowable costs, unallowable costs, and costs that require prior approval.  We will conclude with a discussion of the audit requirements.

Learning Objectives:

1. Review the organization and applicability of the Uniform Guidance.
2. Discuss the requirements for financial systems.
3. Discuss the regulations on program income, property and procurement.
4. Explore the requirements for reporting and record retention.
5. Explore the basics of allowable costs.
6. Discuss direct and indirect costs.
7. Explore the options for cost allocation.
8. Review the changes in audit requirements.

Be Prepared: Wipfli Mobile App

All reference materials (any PowerPoint presentations and/or additional references) for this training workshop will be available via our mobile training app. Two weeks before the training, you will receive an email invitation to access the app.  For your convenience, you will also have access to the materials for two weeks following the training workshop.

*CPE

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.NASBARegistry.org.

Instructional Delivery: Group Internet-Based.  For more information regarding administrative policies, such as complaint, cancellation, and refund policies, please contact our offices at 888.876.4992.