Thompson Grants a division of CBIS

AVOIDING, ADDRESSING, AND MITIGATING RISK OF
UNALLOWABLE COSTS AND DISALLOWANCES

Webinar • Thursday, January 31, 2019 • 1:00-2:30 p.m. ET

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$249.00 Avoiding, Addressing, and Mitigating Risk of Unallowable Costs and Disallowances (01.31.19) (OnDemand Webinar)

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Webinar Details

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Cost allowability isn’t new, but the issues and behaviors triggering cost-related audit findings and disallowances are.

It’s critical to know what these trends are and recognize similar situations developing within your own organization. You must also update potential audit-response strategies and strengthen internal controls, including those pertaining to indirect costs.

Here’s how to take a proactive approach that helps you—and mitigate—compliance risks before you’re left liable for costs your funding agency won’t cover.

Register now for Avoiding, Addressing and Mitigating Risk of Unallowable Costs and Disallowances.

In this 90-minute webinar, specialists from Crowe LLP’s public sector risk consulting practice reveal the factors resulting in so many of today’s allowable-cost audit findings and risks for grantees. Eric Russell and Jonathan Dunn also explain real-world methods for identifying and mitigating these risks.

A special focus on internal controls.  In addition to recognizing new issues that can trigger disallowances, you’ll learn how to strengthen internal controls for both direct and indirect costs. You’ll also explore ways to respond most successfully to audit findings. Plus, you’ll have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now for expert guidance you can use immediately to reduce your organization’s exposure to unallowable costs and disallowances, including how to:

  • Recognize root causes of grantees incurring unallowable costs  
  • Implement stronger internal controls over allowable costs
  • Respond to allowable-cost-related audit findings and management letter comments
  • Examine risk mitigation opportunities within your organization

Remember, new factors are triggering audit issues and disallowances. You’ll come away from this webinar with the know-how to implement a proactive program for keeping costs allowable—and keeping your program on track.                                 

Register now for Avoiding, Addressing and Mitigating Risk of Unallowable Costs and Disallowances.

Who Will Benefit

This webinar is of value to not-for-profit organizations, governments and commercial entities receiving federal financial assistance or pass-through awards. Attendees who will benefit most include:

  • Grants Managers
  • Chief Financial Officers
  • Internal Auditors
  • Finance Managers
  • Procurement Officers

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.

Jonathan Dunn, CPA

Jonathan is a Senior Consultant in Crowe’s Risk Consulting business unit – Public Sector practice.  Mr. Dunn has several years of professional experience, specializing in the Office of Management and Budget (OMB) Circular No. A-123, Management's Responsibility for Enterprise Risk Management and Internal Control. Mr. Dunn has performed A-123 testing on business processes including but not limited to; Financial Reporting, Grants Management, Budget, and Cash Management. Mr. Dunn also has experience in internal audit, regulatory compliance, assisting organizations with risk assessments and subrecipient monitoring.

Mr. Dunn is a licensed Certified Public Accountant in Virginia and holds a master’s degree in Accountancy from the George Washington University.

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  • 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
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By selecting NO, you will continue to your cart with the standard Thompson Grants Compliance Expert subscription.