Live Session
Certification
New Grant Cost Rules (2 CFR 200) Revisions Are Now Effective (3 Session Certification Program)
Industry: NonProfit
Regular price
$584.00 Regular price Sold out Unit price /Select quantity
New Grant Cost Rules (2 CFR 200) Revisions Are Now Effective (3 Session Certification Program)
Expert Presenter:
02-11 to 02-13-2025 1:30 PM EST or 04-14 to 04-16-2025 1:30 PM EST.
Major changes to 2CFR 200 are now in effect. These major revisions to the Grant Cost Rules became effective in late 2024. Are you up to date on the numerous changes and are you in compliance with all the new requirements? Our New Grant Cost Rules Revisions Certification Are Now Effective certification series offers you the opportunity to learn, ask questions, stay ahead and be in compliance with these significant cost changes and existing cost rules. During 2025, nonprofits will undergo audits of their compliance with Uniform Guidance (2 CFR 200). Under these federal grant rules, you must comply with the complex requirements for making, tracking, and documenting expenditures. Spending federal grants in allowable methods is a top responsibility of nonprofit leaders. You need to avoid missteps to protect your organization and its funding. Our grants expert, Rex Porter will lead this highly informative 3 session webinar certification series. Rex will familiarize you with these must-know rules, discuss best practices, and tell you where to look for some hard-to-find tools which will improve your compliance with the new 2 CFR 200 requirements.
What You'll Learn
Just a sample of the important information our speaker will be discussing:
- Significant changes to allowable costs rules: cost principles, responsibilities, budgets, etc.
- Indirect cost rates and cost allocation issues: documentation, cost allocation, etc.
- Indirect cost rates best practices under 2 CFR 200
- Indirect cost rates auditor focus
- Advanced indirect cost allocation: preferred rates, negotiating rates, pooling indirect costs, etc.
- Optimizing your preparation and reducing cost allowable risks
You’ll Also Receive
- All courses include a PDF version of the presentation slides and any additional resources provided by the presenter
- One certification exam attempt is included
Outline of the 3-Session Grant Cost Rules Certification Series
Session 1: Allowable Costs
- Cost rules attached to federal grant funds
- Federal government cost principles
- Responsibilities of financial officers, project managers, and project partners to manage the use of grant funds
- Building budgets
- Spending decisions and expenditures
- Cost factors audit preparation
Session 2: Indirect Cost Rates And Cost Allocation Issues: Best Practices Under 2 CFR 200
- Best practices for documenting indirect cost activities
- Federal rules for cost allocation
- Indirect cost rates and negotiation types
- Needed cost allocation documentation and record keeping
- Usual areas of focus for government auditors
Session 3: Advanced Indirect Cost Allocation: Optimizing Your Preparation And Reducing Risks
- Specific examples of how to apply the indirect cost allocation rules
- Preferred indirect cost rate types
- Appropriate use of the De Minimis and other rates
- Direct cost base options
- Pooling indirect costs
- Negotiating a federal rate
- Available Federal indirect cost rate resources
Training Overview
Who Should Attend?
Credits