Thompson Grants a division of CBIS

UNDERSTANDING THE NEW SF-SAC AUDIT FORM UNDER UNIFORM GUIDANCE

Tuesday, October 11, 2016 


Webinar Details

Subject: Post-award

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Duration: 45 minutes

Location: Your office or conference room, per telephone connection

Course Description:

As you know, there’s a new SF-SAC audit form. Like so many other changes under the Uniform Guidance, this new data collection form reshapes responsibilities for everyone from the program managers of federal granting agencies, to the compliance officers for states, local governments, Indian tribes, institutions of higher education and non-profits receiving federal funds.

Do you understand new SF-SAC requirements involving accounting principles? Are you prepared to verify that the audit-reporting package does not include certain prohibited information? Do you have the right data to record in new columns that have been added to the federal awards section? And are you sure you know the correct procedure for submitting your SF-SAC online?

With the Federal Audit Clearinghouse (FAC) making your audit reporting package visible to the public, you must make sure your SF-SAC is fully compliant under the Uniform Guidance. Let an expert show you how!

Register now for for Understanding the New SF-SAC Audit Form Under Uniform Guidance.

In this 30-minute webinar, grants expert Karen Norris explains how the SF-SAC audit form has changed under Uniform Guidance. From verifying specific audit information, to requirements involving the financial statement, repeat findings and how to submit the form, she explains how the new form changes what it takes for both auditors and auditees to comply.

Creating a strong audit-reporting package. In addition to making sure audit information is complete and accurate, you’ll learn how to make the SF-SAC comply with Subpart F of the Uniform Guidance. You’ll also learn how to submit your data package correctly—and on time—using the Internet Data Entry System. Plus, you’ll have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now for a clear and current understanding of how OMB’s new data collection form for audits changes your responsibilities, including:

  • A comprehensive look at the new SF-SAC Form
  • Key audit requirements that are now in place
  • Exactly where and how the new SF-SAC Form has changed
  • New requirements for auditors
  • New requirements for auditees

Remember, with Uniform Guidance placing such keen emphasis on performance and accountability, you can’t risk mistakes with the new data collection form. Take this opportunity to learn what has changed and what it takes to comply.

Register now for Understanding the New SF-SAC Audit Form Under Uniform Guidance.

Who Will Benefit

This webinar is of value to all federal granting agencies, non-federal entities receiving federal grant funds, and everyone who works with federal grants. Attendees who will benefit most include:

  • Grants managers and administrators
  • CFOs/controllers, accounting and finance staff
  • General/in-house counsel
  • Internal auditors
  • Independent auditors
  • Program managers
  • Compliance officers

Karen Norris

Karen Norris is nationally recognized in the grants community as a consultant and Subject Matter Expert (SME) for k4rnoco - a k4ren norris company in Gaithersburg, MD. She has experience in grants and contracts for more than 20 years, previously as a grants administrator for educational institutions in the State of Maryland, as an author and managing editor for grants publications, and currently as a consultant. Norris has served on the Board of Directors of professional associations and editorial advisory boards. She is an invited annual presenter at national conferences and training events, including the Grant Professionals Association, National Grants Management Association, Management Concepts, Maryland Governor's Grants Office, Thompson Information Services/Columbia Books, and others. Norris conducts webinars, virtual classes, eLearning, and onsite grants training for federal, state, local and territorial governments and other nonfederal entities. The White House Conference on Aging published her white paper about health grants. Norris has advised and responded to information requests about the grants process for the U.S. Senate Subcommittee on Federal Financial Management and provided testimony to the Maryland General Assembly about state legislation for the de minimis indirect cost rate. Norris has served as a federal reviewer for the U.S. Department of Education and the U.S. Department of Agriculture.

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