Thompson Grants a division of CBIS

2016 OMB Compliance Supplement: A Guide for Single Audits

Tuesday, October 25, 2016 • 1:00 pm ET/12:00 pm CT/11:00 am MT/10:00 am PT

Webinar Details

Subject: Grants Development & Management

Recommended Field of Study: Specialized Knowledge and Applications

Advanced Preparation: None

Duration: 90 minutes

Location: Your office or conference room, per telephone connection

Course Description:

The new 2016 OMB Compliance Supplement has been available for just a few weeks. But already, it’s clear that this key tool for auditors makes significant changes in federal programs. Some compliance requirements have now been eliminated, for instance, and—in light of the uniform grant guidance—auditors will be shifting their focus in terms of what factors they will now consider in their review.

Plus, mastering the changes covered in the Supplement’s compliance requirements for this year is just the start.

Once your single audit is underway, it will be too late to fix problems that could trigger special conditions and monetary liabilities. Don’t wait! Here’s what to expect from auditors, and what to do now to prepare.

Register now for 2016 OMB Compliance Supplement: A Guide for Single Audits.

In this 90-minute webinar, grants management expert Steven Spillan of Brustein & Manasevit shows both auditors and grant recipients how the newest OMB Compliance Supplement changes what the single audit will—and won’t—cover this year. From what’s in the Supplement’s compliance requirements, to agency-specific changes, you’ll learn how to prepare.

Plus, look ahead to what else is coming. You’ll know what auditors will be looking for and how they’ll treat certain issues. With the audit threshold changed to $750,000, the webinar will also help clear any confusion over the effective dates—of particular value for managing multi-year grants—and what changes likely in 2017 as the uniform grant guidance continues to reshape single audits and compliance. Plus, you’ll have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now to use the 2016 OMB Compliance Supplement to prepare for upcoming single audits, including:

  • Understanding the nature and applicability of the compliance requirements included in the 2016 OMB Compliance Supplement;
  • Learning which programs/requirements will no longer be reviewed by auditors;
  • Reviewing the major agency-specific changes in the 2016 Compliance Supplement;
  • Discovering what constitutes strong internal controls and how they can help avoid audit findings; and
  • Exploring what changes OMB may make in the 2017 Compliance Supplement in light of the uniform grant guidance.

Bottom line, the new OMB Compliance Supplement is your best roadmap to preparing for a successful single audit. Don’t miss this opportunity to understand how requirements—and the focal points for auditors—have changed.

Register now for 2016 OMB Compliance Supplement: A Guide for Single Audits.

Who Will Benefit

This webinar is of value to all nonfederal entities that are recipients of federal grant awards and who spend more than $750,000 in federal funds. Organizations that will benefit most include:

  • State, local, and tribal governments
  • Institutions of higher education
  • Nonprofit organizations
  • Grant program staff
  • Grant accounting and finance staff
  • Internal and external auditors
  • Organizational leaders responsible for implementation
  • Some for-profit entities (depending on the federal awarding agency)

Steven Spillan

Steven Spillan joined Brustein & Manasevit, PLLC in October 2005. Mr. Spillan assists clients with federal grants management under various federal education programs, including the Elementary and Secondary Education Act, the Carl D. Perkins Career and Technical Education Act, the Workforce Innovation and Opportunity Act, the Higher Education Act, the Federal Funding Accountability and Transparency Act, and the Family Educational Rights and Privacy Act.

Mr. Spillan also works with clients on the requirements contained in the Uniform Grant Guidance and other administrative regulations, such as the General Education Provisions Act (GEPA) and the Education Department General Administrative Regulations (EDGAR).

Mr. Spillan earned his Bachelor of Arts in Political Science from American University in 2005 and received his J.D. from the Catholic University of America’s Columbus School of Law in May 2011. Mr. Spillan is admitted to practice law in Maryland and the District of Columbia.

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