Live Session
2 CFR 200 Major Update: Federal Grant Uniform Guidance
Date:
Thursday, October 24, 2024; 1:30 PM Eastern
Session scheduled for 90 minutes including question and answer period.
Industry: NonProfit
Regular price
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2 CFR 200 Major Update: Federal Grant Uniform Guidance
Expert Presenter:
October 1 marked the effective date of major updates to 2 CFR 200. The changes address critical areas such as federal compliance, internal control policies, procurement standards, and emerging risks related to the expansion of federal funding in fiscal year 2025. As a background, the Office of Management and Budget (OMB) has revised several parts of the OMB Guidance for Grants and Agreements, now referred to as the OMB Guidance for Federal Financial Assistance, which is found in title 2 of the Code of Federal Regulations (CFR). Clarification and updated guidance on the efficient and consistent use of Federal financial assistance are provided by these revisions to Federal agencies. You will be guided through these major updates to Federal Grant 2 CFR 200 by Federal grant cost expert Rex Porter. You will gain insight into these changes and receive guidance on how to apply cost rules and utilize indirect cost rates.
What You’ll Learn
During this informative and timely webinar Rex Porter, our expert speaker will discuss:
- Federal Notice of Funding Opportunities
- Indirect Cost Treatment, Including De Minimis Rate
- Treatment of Labor and Personnel Costs
- Procurement Standards
- Cost of Data Systems
- Supplies and Equipment Thresholds
- Federal Single Audit Standards