Month: February 2016

In-Depth: Mastering the OMB Super Circular 2016

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March 31 and April 1, 2016
Residence Inn San Antonio – Alamo Plaza
San Antonio, TX
Detailed, Two-Day OMB Super Circular Training

You are probably aware that the major Federal grant awarding agencies have issued regulations to implement the Office of Management and Budget’s uniform guidance for administrative requirements, cost principles, and audits for Federal grants, which includes amendments made by the OMB for 2016.  The guidance (commonly called the “Super Circular” or “Omnicircular”), and the Federal agency implementing regulations, provide a new framework for managing Federal grants and subgrants.  Despite the goal of uniformity, the OMB’s final guidance contained differences from earlier versions, and Federal grant awarding agencies included deviations from the OMB’s version of the Super Circular in their implementing regulations.  In addition, since issuing the so-called “final” guidance, the OMB has made amendments to the Super Circular for 2016.  All non-Federal entities (pass-throughs, grantees and subrecipients) need to understand this new framework and conform their own policies and procedures to the current versions of the Super Circular and awarding agency implementing regulations to remain in compliance with Federal requirements.  By attending this conference, you will receive in-depth explanations of what the Super Circular and the awarding agency implementing regulations mean for Federal grantees and subgrantees so that your organization can remain in compliance with grant requirements.

Over the course of two days in San Antonio, you will learn about the Super Circular (Omnicircular) and implementing regulations in detail, including: 

  • Changes from the proposed OMB guidance to the final guidance and amendments for 2016;
  • Differences between the previous administrative standards and new standards under the Super Circular, including:
    • New procurement and property management standards,
    • Changes to fiscal management requirements,
    • New internal control standards,
    • Revised records retention requirements,
    • Changes to closeouts and later adjustments, and
    • Changes to funding source remedies;
  • Revisions to the cost principles, including:
    • Changes to treatment of indirect costs,
    • Changes to specific items of cost,
    • New requirements for personnel costs, and
    • Prior approval requirements;
  • Changes to Single Audit Act (formerly Circular A-133) audit requirements under the OMB Super Circular (Omnicircular);
  • Differences between the OMB’s version of the Super Circular and awarding agencies’ implementing regulations for the Super Circular (Omnicircular); and,
  • Answers to frequently asked questions about the Super Circular (Omnicircular) and its implementation.

The conference will discuss these topics and more to provide you not only with the detailed information necessary to understand the requirements of the OMB’s uniform guidance (the Super Circular) and the Federal awarding agencies’ implementing regulations but also the information necessary to update internal policies and procedures to comply with the current grant requirements in 2016.

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