Month: January 2018
May 1 and 2, 2018
Two-Day OMB Super Circular Training Conference
Join us in Milwaukee, Wisconsin, on May 1 and 2, 2018, to learn how to safely navigate the key administrative requirements, cost principles, and audit standards, under the Office of Management and Budget’s Uniform Grants Guidance (a.k.a. the “Super Circular”) and stay in compliance with grants management rules.
Making mistakes with your Federal grants can have serious consequences, ranging from suspensions and costly disallowances to lose of funding and even jail time. Properly managing Federal grants (whether direct grants or subawards from a state or other pass-through entity) requires a deep understanding of the OMB’s Uniform Grants Guidance (better known as the “Super Circular” or “Omnicircular”). The Uniform Grants Guidance touches all aspects of Federal grants management, but the Super Circular’s requirements continue to change with periodic amendments to the supposedly “final” rules. Navigating this evolving framework can be a challenge, but our two-day training in Milwaukee on May 1 and 2, 2018, will help you steer the right course. “Navigating the OMB Super Circular” will cover the Super Circular’s key requirements, discuss recent grants management developments that could affect you, and identify common compliance issues and describe how you can avoid them.
When you attend this special training, you will learn how to navigate the OMB Super Circular’s requirements, which, in turn, will allow you to better manage your grants and avoid problem areas. The intensive “Navigating the OMB Super Circular” training, which has been updated and expanded for 2018, will explain the Uniform Grants Guidance and Federal implementing regulations in detail. During the two-day conference in Milwaukee, you will learn about the following topics:
- Recent changes to the OMB Uniform Grants Guidance (Super Circular);
- Current developments affecting Federal grants management;
- Administrative standards under the Super Circular;
- Procurement and property management standards;
- Fiscal management requirements;
- Internal control standards;
- Records retention requirements;
- Closeouts and later adjustments;
- Funding source remedies and enforcement actions;
- Revised cost principles and general rules for charging costs to your Federal grants;
- Treatment of indirect and direct costs;
- Special rules for allowability of specific items of cost;
- Time and effort documentation requirements for personnel costs;
- Prior “written” approval requirements;
- Single Audit Act (Subpart F) audit requirements under the OMB Super Circular;
- Differences between the OMB’s version of the Super Circular (Omnicircular) and awarding agencies’ implementing regulations for the Uniform Guidance;
- Consequences of fraud, abuse, and other violations of grants management requirements under the Super Circular;
- Common problems under the Uniform Grants Guidance and how to avoid them; and,
- Answers to frequently asked questions about the Super Circular (Uniform Grants Guidance) and its implementation.
These issues and more will be explored to provide you with the necessary information to successfully navigate the Super Circular’s major requirements and to update internal policies to remain compliant with current grants standards. In addition, you will have multiple opportunities during the training in Milwaukee, Wisconsin, on May 1 and 2, 2018, to get your individual Super Circular and grants management questions answered.
April 5 and 6, 2018
Special OMB Uniform Grants Guidance and Cost Principles Training
Learn how to manage grants under the Uniform Grants Guidance (a.k.a. the “Super Circular”) and take a closer look at direct, indirect, and specific cost issues, by attending this special “OMB Super Circular Training & Cost Principles Deep Dive” edition of the Western Grants Forum in Seattle on April 5-6, 2018.
Get answers to your questions about the OMB’s Uniform Grants Guidance (better known as the “Omnicircular” or “Super Circular”) during this exclusive “OMB Super Circular Training & Cost Principles Deep Dive” edition of the Western Grants Forum in Seattle. The Uniform Grants Guidance has detailed requirements, including cost principles, that govern the management and spending of grant funds. Failure to follow these rules can lead to costly disallowances and repayment of funds and even loss of your grant funding. Grant-funded organizations (whether direct grantees, pass-throughs, or subrecipients), therefore, need to understand and adhere to the Super Circular’s requirements. However, these requirements can be difficult to navigate, and not only did the Uniform Grants Guidance include many changes that grant-funded organizations are still discovering, but the Super Circular has continued to evolve with additional changes since the so-called “final” version was issued. By attending the unique “Super Circular Training & Cost Principles Deep Dive” edition of the 2018 Western Grants Forum on April 5 and 6, though, you will learn everything that you need to know about the Super Circular’s administrative rules, audit standards, procurement rules, and cost principles, to comply with current grants requirements. You will also get answers to your nagging questions about grants management and the Super Circular.
During this special, two-day training, you will learn about the Super Circular’s key requirements. You will learn about the administrative requirements, audit standards, cost principles, and procurement rules, and how they relate to one another. As part of the training, you will also take a unique “Cost Principles Deep Dive,” to learn more about indirect, direct, and specific costs, and what expenses you are allowed to charge to your grants and subawards. The topics that you will explore include the following:
- Administrative requirements under the OMB Super Circular;
- Unified cost principles under the Uniform Grants Guidance (Super Circular) and issues encountered in navigating the revised cost principles;
- General rules for allowability;
- Meanings of reasonableness, necessity, and allocability;
- Direct and indirect cost fundamentals and negotiation of indirect cost rates;
- Changes affecting indirect costs (including the de minimis indirect cost rate, requirements for subawards, and extension of current rates);
- Procurement rules and the relationship to the cost principles;
- Recovery of facilities costs;
- Equipment and other capital expenditures;
- Limitations on allowability of specific items of cost;
- Time and effort reporting requirements;
- Fringe benefits and employee welfare costs (including “employee morale”);
- Treatment of travel-related costs;
- Cost of insurance, losses, and claims;
- Allowability of training, conferences, and similar costs;
- Prior written approval requirements;
- Exceptions to the Uniform Grants Guidance’s cost principles;
- Effects of recent developments in grants management;
- Audit standards under the OMB Uniform Grants Guidance (Super Circular);
- Fighting fraud, waste, and abuse; and,
- Answers to frequently asked questions about the cost principles.
This “OMB Super Circular Training & Cost Principles Deep Dive” edition of the Western Grants Forum in Seattle on April 5 and 6 will discuss these important issues and more to help you successfully navigate the Super Circular’s rules and stay in compliance with grants requirements. In addition, you will also have multiple opportunities throughout both days to ask and get answers to your individual questions about grants management under the cost principles and the Super Circular generally.