Thompson Grants a division of CBIS

THE DATA ACT:
UNDERSTANDING THE IMPACT ON FEDERAL GRANTS AND THE TRANSFORMATION OF FEDERAL SPENDING

Tuesday, July 11, 2017 • 1:00pm-2:30pm EST


Webinar Details

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

In 2014 President Obama signed the Digital Accountability and Transparency Act into law. The  DATA Act impacts the entire grant community and all federal agencies by standardizing data elements across all grants and federal funding. The DATA Act is the nation's first legislative mandate for data transparency. It requires the Department of the Treasury and the White House Office of Management and Budget to transform U.S. federal spending from disconnected documents into open, standardized data, and to publish that data online.

On May 9, 2017, the DATA Act’s primary deadline for federal agencies arrived. Every agency began reporting standardized spending data to Treasury. Treasury combined those submissions to publish federal spending as a single, unified data set, for the first time in history.

For federal financial managers and for those who issue, oversee, and receive federal grants, the DATA Act’s new data set now provides unprecedented transparency, at the account level. The data set’s government-wide consistency and new connections between financial and award-related information now allow agencies to more easily use sophisticated data tools to track their operations and disbursements - and to illuminate potential waste and fraud.

The DATA Act also requires the government to test a whole new approach to post-award grant reporting by grant recipients. The law required the White House OMB to conduct a pilot program to test a data-centric method of reporting on the receipt and use of federal funds. This new method of reporting uses a consistent data format for financial reports to all agencies, which means grantees' software can automatically deliver information wherever it's needed after it has been entered only once. The pilot program ended in May 2017. The White House must decide whether to impose the same data format across all post-award grant reporting by August 2018.

In anticipation of new data standards the Uniform Guidance, in addition to echoing language about performance, metrics and milestones evident in the open data initiative, calls for open and readable data formats (§200.335). It promotes the use of standard data elements (§200.203), also found in M-13-13, “…agencies must use standards in order to promote data interoperability and openness.”

While complying with the open data initiative, grant recipients must protect personally identifiable information (§200.303). Data anticipated to become available under the uniform grant guidance includes spending data tied to performance data (§200.301) for all grants and all federal agency spending.

What is the most important benefit attendees will gain through this event? What is their motivation for attending?

The DATA ACT impacts the entire grant community and all federal agencies by standardizing data elements across grants and federal funding. Understanding its requirements and preparing for its implementation are necessary steps for anybody in the federal grants community.

What types of companies would benefit from this webinar?

Federal agencies as well as any nonfederal entity that is a pass through entity, recipient or subrecipient of a federal grant award.

What types of titles would benefit?

  • Grant administrators
  • Grant program staff
  • Grant accounting and finance staff
  • Internal and external auditors
  • Organizational leaders responsible for implementation

 

 

Hudson Hollister

Hudson Hollister is the founder and Executive Director of the Data Coalition, a trade association representing technology and consulting firms supporting open data in government. The Data Coalition is the main advocacy group for the implementation of the DATA Act of 2014, transforming the U.S. federal government's spending information into standardized, open data. The Data Coalition also supports data standards to transform regulatory compliance, legislative mandates, and the whole landscape of government invitation. Hudson has helped to craft landmark reforms, including the DATA Act, the OPEN Government Data Act, the Financial Transparency Act, and the Grant Reporting Efficiency and Assistance Transparency (GREAT) Act.

Hudson is also the founder of the Data Foundation, a nonprofit think tank seeking to define an open future for both government and private-sector data. The Data Foundation is responsible for the leading research on open data in federal spending and in regulatory compliance. The Data Foundation hosts the largest annual open data conference in the United States.

Prior to founding the Data Coalition and the Data Foundation, Hudson served as counsel to the Committee on Oversight and Government Reform of the U.S. House of Representatives and as an attorney fellow in the Office of Interactive Disclosure at the Securities and Exchange Commission. Before his government service, he was a securities litigator in the Chicago office of Latham & Watkins LLP.

Hudson earned a law degree from Northwestern University and a bachelor's degree in political science and communications from the University of St. Francis.

Select to add to your shopping cart.

Finally! A practical guide to grants management.
Get practical grants management guidance that blends age-old conventional wisdom with the historic changes in OMB’s uniform guidance:
Add A Practical Guide to Federal Grants Management - From Solicitation Through Audit, 2nd Edition to your order!
This comprehensive resource blends age-old conventional wisdom with the historic changes in OMB’s uniform guidance. You'll benefit from the advice of experts on time and effort reporting, procurement under grants, direct charging certain costs, single audit preparations, subrecipient monitoring and much more. The 500+ page softbound book is a valuable management guide, compliance document and training tool for busy grants managers, program directors, financial officers and auditors at nonprofit organizations, educational institutions, and state and local governments.
This valuable resource will help you and your grants management team:
  • Understand the differences between direct and indirect costs
  • Make the subrecipient vs. contractor determination
  • Realize the full impact of OMB’s emphasis on internal controls
  • Understand which familiar elements of time and effort reporting have been retained in the uniform guidance ... and which are new
  • Know the nuances of requirements for subrecipient assessment and monitoring
  • Understand contract clauses in agreements for procurement under grants
  • Apply the general tests of allowability
  • Understand special issues confronting pass-through entities contracting with foreign organizations
  • Know which clauses flow down when crafting a subaward
  • Understand what is meant by a 10% de minimis indirect cost rate
  • Audit the vulnerabilities in your grants management operation
  • Understand what is meant by audit "resolution"
  • ...and much more
Take Your Audit Preparations One Step Further.
Register your team for Thompson Grants’
Audit Strategies for Auditors and Auditees eLearning Course today!
From identifying where the most common findings arise, to ways to troubleshoot your own documentation and reporting, you’ll “graduate” from this course ready to make sure you have the right processes in place—and that they’re being followed.
This course will help you:
  • Recognize most common audit findings
  • Identify varied monitoring techniques
  • Understand the focus on risk in the uniform guidance
  • List steps to prepare for a site visit
  • Review changes to the new SF-SAC form
  • Identify requirements in the compliance supplement
  • Gain awareness of a new audit resolution strategy
  • Review considerations for formal audit appeals
Add the comprehensive Audit Strategies for Auditors and Auditees eLearning
Course to your cart for only $299! Additional users are available for $99 each.
Get the specialized information that institutions of higher education need to help limit your risk of disallowed costs and avoid the loss of federal funding and public relations nightmares.
Get the Guide to Managing Federal Grants for Colleges and Universities for only $49 a month!
Thompson Grants’ Guide to Managing Federal Grants for Colleges and Universities is designed to help those responsible for federal fund management on campus perform effectively during one of the most challenging periods ever for the field of grants management.
Subscribe And Benefit From:
  • Comprehensive and easy-to-understand compliance guidance tailored specifically for Colleges and Universities
  • Federal Grants News
  • Federal Agency Weekly
  • Practical Tools and Resources
  • News and Expert Commentary
  • One Centralized Location for All Relevant Guidance and Regulations
  • Rolling Updates as Regulations Change
  • “My Research Folders” Feature
Get the U.S. Department of Education Compliance Directory and benefit from a comprehensive guide to winning and managing awards from the Department of Education.
Thompson Grants’ U.S. Department of Education Compliance Directory is a specialized desktop guide that will help you understand the specific grant regulations that govern the acquisition and management of federal funds from the Department of Education (ED).
What's Included:
  • A description of the agency, its organization and a list of ED grant programs
  • A summary of the agency’s grant pre-award and post-award administrative guidelines and regulations
  • Information on the agency’s performance goals ED's exceptions to the uniform guidance
  • A complete list of ED regulations pertaining to grants
  • Publications available from the agency addressing grant administration
  • Links to related articles from Thompson Grants pertaining to ED grant programs
  • A directory of important offices within the agency
  • Grant administration regulations found at 2 C.F.R. 3474 and 34 C.F.R. Parts 75 through 77
  • And more!
Techniques for Monitoring Federal Subawards is a no-nonsense guide to understanding increased responsibilities under the uniform guidance for pass-through entities, subrecipients and contractors alike. Add it to your order today!
This Guide Will:
  • Clear up confusion
  • Guide subaward creation by outlining the key components
  • Present a variety of monitoring options
  • Keep pass-throughs one step ahead of auditors
  • Provide templates that pass-throughs need to properly monitor subrecipients
Add the digital version of the Federal Grants Development Handbook to your order and get all of these additional features for only $16 more a month!
  • The Federal Grants Development Handbook in print, along with quarterly updates to the handbook and a monthly print news service.
  • A digital, searchable version of the Handbook housed on the Thompson Grants Compliance Expert’s easy-to-use online portal
  • Practical Tools and Resources including government forms and reports, useful links, templates, worksheets and tools, a ready-to-use sample audit checklist and more!
  • Rolling updates as regulations change to ensure the compliance information you rely on is always the most current
  • Weekly Email News alerts so you are always up-to-date and in-the-know about the latest grants headlines and how they impact you
  • One Centralized Location for All Relevant Guidance and Regulations – say goodbye to hopping from site to site trying to find the information you need!
Add the digital version of the Federal Grants Management Handbook to your order and get all of these additional features for only $16 more a month!
  • The Federal Grants Management Handbook in print, along with quarterly updates to the handbook and a monthly print news service.
  • A digital, searchable version of the Handbook housed on the Thompson Grants Compliance Expert’s easy-to-use online portal
  • Practical Tools and Resources including government forms and reports, useful links, templates, worksheets and tools, a ready-to-use sample audit checklist and more!
  • Rolling updates as regulations change to ensure the compliance information you rely on is always the most current
  • Weekly Email News alerts so you are always up-to-date and in-the-know about the latest grants headlines and how they impact you
  • One Centralized Location for All Relevant Guidance and Regulations – say goodbye to hopping from site to site trying to find the information you need!
Add the digital version of the Single Audit Information Service to your order and get all of these additional features for only $16 more a month!
  • The Single Audit Information Service in print, along with quarterly updates to the handbook and a monthly print news service.
  • A digital, searchable version of the Service housed on the Thompson Grants Compliance Expert’s easy-to-use online portal
  • Practical Tools and Resources including government forms and reports, useful links, templates, worksheets and tools, a ready-to-use sample audit checklist and more!
  • Rolling updates as regulations change to ensure the compliance information you rely on is always the most current
  • Weekly Email News alerts so you are always up-to-date and in-the-know about the latest grants headlines and how they impact you
  • One Centralized Location for All Relevant Guidance and Regulations – say goodbye to hopping from site to site trying to find the information you need!
Writing effective grant proposals is only the first step to a successful pre-award stage of the grants lifecycle.
Subscribe to the Federal Grants Development Handbook and get one comprehensive resource to help you find federal funding, develop competitive proposals and take the steps needed to stay in compliance with the complicated rules that govern federal dollars.
Subscribers benefit from:
  • Comprehensive and easy-to-understand pre-award compliance guidance 
  • Practical Tools and Resources 
  • News and Expert Commentary 
  • One Centralized Location for All Relevant Guidance and Regulations 
  • Rolling Updates as Regulations Change 
  • “My Research Folders” Feature
Add this all-in-one guide to the pre-award stage of the grants lifecycle at a low cost of $54 per month for a one year subscription.
Order the OnDemanding recording of Thompson Grants’ most popular pre-award webinar:
The Relationship Between Proposal Writing, Compliance and Performance!
Help your entire team learn proposal-writing basics with the OnDemanding recording of Thompson Grants’ most popular pre-award webinar: The Relationship Between Proposal Writing, Compliance and Performance! Learn to align what you write with OMB’s pre-award guidance on everything from measurable objectives to outcomes. You will know how to spot potential trouble spots before you submit your proposal. You will also know the best ways to address performance, risks and remedies. Plus, you will have the chance to ask your own questions during the Q&A portion of the webinar.
Add the on demand recording to your cart and upgrade your proposal-writing for greater success pre-award and post-award, including how to: (blue check marks)
Add the Grants Webinar Training Pass to your Compliance Expert subscription and SAVE 50%!
Reserve your seat at 36+ live CPE accredited webinars that will keep you fully informed on federal grants compliance for only $998 per year – that’s less than $23 per webinar.
A subscription will let you reserve seats at all Thompson Grants’ live webinars as they air and maximize your opportunities to earn CPE and GPCI CEU credits.