Thompson Grants a division of CBIS

EVALUATING AND ENHANCING FINANCIAL MANAGEMENT SYSTEMS

Webinar • Wednesday, July 25, 2018 • 1:00-2:30 p.m. ET


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OnDemand Recording
$249.00
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until 07.25.2019)



$249.00 Evaluating and Enhancing Financial Management Systems (OnDemand Recording)

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Webinar Details

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Unless your financial management systems are fully compliant, you could face audit findings and have your costs questioned. The sooner you identify your own risks, the better you protect your funding.

Spotting—and mitigating—those risks starts with understanding the most-current financial management system requirements, including what costs are allowable and what internal controls can defuse potential issues. You must also know where errors commonly arise and how to avoid them.

Now, a new webinar presents compliance strategies you can implement immediately to safeguard the funds you need to operate.

Register now for Evaluating and Enhancing Financial Management Systems.

This 90-minute webinar maps out the core components of financial management system requirements. Crowe LLP compliance experts Eric Russell and Samuel Twyman cover methods for mitigating noncompliance risks, including common errors pertaining to allowable costs and internal controls.

Avoid audit findings and questioned costs. You’ll learn how to navigate pitfalls using internal audits and strategies such as establishing centralized grants management functions.  Plus, you’ll have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now to identify the risks surrounding your own financial management systems, including:

  • An overview of requirements governing the systems, internal controls and allowable costs
  • Common errors now being identified during audit procedures—and how to spot and fix the root causes of these errors before an audit
  • How to identify allowable cost and system-related risks to which financial assistance recipients are exposed
  • Strategies and methods for mitigating the risk of noncompliance
  • The project manager’s role with allowable costs and internal controls

Remember, the better you identify your risks, the better you can mitigate them to safeguard the funds you need to operate.

Register now for Evaluating and Enhancing Financial Management Systems.

This webinar is of value to companies and agencies of any size. Attendees should have a basic understanding of financial management systems and internal controls. Those who will benefit most include:

  • Financial Analysts
  • Senior/Management Level Financial Personnel
  • Controllers
  • Comptrollers
  • Accountants

YOUR EXPERT(S):

Eric Russell, CIA, CGAP, CGMS, MPA

Eric Russell is a senior manager in Crowe’s Risk Consulting – Public Sector Services delivery unit.  Eric is a regulatory compliance specialist focusing primarily on the management and audit of Federal awards and contracts on behalf of Federal agencies and various non-profit and commercial recipients and subrecipients.  His efforts have included the planning and execution of audits in accordance with Government Auditing Standards, conduct and facilitation of organizational risk assessments, Uniform Guidance audit preparation activities, and the design, documentation, and implementation of internal controls over compliance and financial reporting.  In addition, Eric has worked with clients to assess and enhance their internal controls, to plan for the procurement and implementation of financial management systems, and to evaluate and enhance business processes.

Eric is a Certified Internal Auditor, Certified Government Auditing Professional, and a Certified Grants Management Specialist.  He holds a Master’s of Public Administration degree from The Ohio State University (OSU) and a Bachelor’s of Business Administration degree from Stetson University.  Eric currently services on the Board of Alumni Advisors at OSU’s John Glenn College of Public Affairs and serves as Secretary of the National Grants Management Association’s Board of Directors.

Sam Twyman

Mr. Twyman is a manager in Crowe’s Risk Consulting – Public Sector Services delivery unit.  Sam is a regulatory compliance specialist focusing primarily on the management and audit of Federal awards and contracts on behalf of Federal agencies and various non-profit and commercial recipients and subrecipients. He began his career at the Department of Defense Office of Inspector General in Arlington, VA following his completion of a Bachelor’s in Business Administration from the University of Miami, School of Business, in Coral Gables, Florida. After nine years in the OIG community with both the DOD and Amtrak, Mr. Twyman joined the Crowe LLP Risk and Compliance team. His efforts have included the planning and execution of audits in accordance with Government Auditing Standards, conduct and facilitation of organizational risk assessments, and the evaluation and enhancement of business processes.

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