Thompson Grants a division of CBIS

The Importance of Internal Controls in Light of the Uniform Guidance

Tuesday, May 10, 2016

Webinar Details

Subject: Grants Management

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Duration: 90 minutes

Location: Your office or conference room, per telephone connection

Course Description:

The Uniform Grants Guidance not only mandates that grantees and subgrantees establish and maintain internal controls, but evaluate and monitor their compliance and take prompt action when noncompliance is identified. Therefore, not having a strong internal control system in itself could lead to audit findings – not to mention other findings or fraud, waste and abuse from a lack of internal controls.

But exactly what are internal controls? How does an agency know if they have adequate controls in place? What type of controls are recommended to minimize fraud, waste and abuse and protect the integrity of federal grants programs?

Here’s where to start:

Register now for Internal Controls: The Key to Federal Grants Compliance

In this practical webinar, Brustein & Manasevit’s Tiffany Winters explains what internal controls are and how they can protect the integrity of an agency’s financial, inventory and procurement systems. Ms. Winters will go through the various types of internal control components and provide specific examples of how agencies can increase their own internal controls.

Then, step by step, she shows you how to detect and correct weaknesses in your own system of controls to help ensure compliance.

The Q&A portion of the webinar also gives you the chance to ask your specific questions.

Reserve your space now to strengthen your compliance and controls by:

  • Developing a clear understanding of what internal controls are and how they’re used
  • Reviewing internal control requirements under the Uniform Guidance
  • Understanding key components and principles of internal controls
  • Analyzing examples of internal controls noted in the Uniform Guidance
  • Evaluating how real-world internal controls address specific compliance weaknesses
  • And more!

What a fast, smart way to assess your own system of internal controls and use those controls even more effectively to drive performance.

Great value! Register by phone line rather than by the number of attendees so you can bring your entire team.

Who Will Benefit

This webinar is of value to all federal-grant recipients, new federal agency program managers, and everyone who works with federal grants, including:

  • Grants administrators
  • Grant program staff
  • Grant accounting and finance staff
  • Internal auditors
  • Independent auditors

Remember, strong internal controls not only help you pass audits, they also help you minimize fraud, waste and abuse to deliver the performance

Tiffany Winters Kesslar

Tiffany Winters Kesslar joined Brustein & Manasevit in July 2006 and became a Partner in 2011. Since joining the firm, Ms. Winters has developed and conducted trainings on federal grants management requirements. Ms. Winters conducts mock monitoring visits of state and local educational agencies, colleges, universities and non-profits for fiscal and programmatic grant compliance. Ms. Winters also works with clients on the requirements of the Office of Management and Budget (OMB) circulars and other administrative regulations, such as the General Education Provisions Act (GEPA) and the Education Department General Administrative Regulations (EDGAR).
 
Ms. Winters graduated cum laude from Clemson University with a Bachelor’s Degree in Political Science in 2001 and graduated from the Catholic University Columbus School of Law in 2004. Ms. Winters is a member of the U.S. Supreme Court bar, the United State District Court for the District of Columbia bar, the District of Columbia bar and the Maryland bar.

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

A Practical Guide to Federal Grants Management is the best insurance policy there is for limiting your organization’s risk of disallowed costs, loss of federal funding and public relations nightmares. Add it to your order today!

Contact

Headquarters
 1.800.677.3789
 service@thompson.com