Time and Effort Keeping Best Practices: Applying Federal 2 CFR 200 Rules

Rex L. Porter Rex L. Porter

Federal grant expert Rex Porter will explain your time and effort reporting responsibilities clearly and offer practical examples. You will learn how to improve your compliance with these federal requirements and mitigate the potential loss of funding.

What You'll Learn

  • Which organizations must comply with Uniform Guidance?
  • What are the time and effort reporting requirements of 2 CFR 200?
  • What key issues and risks surround inaccurate activity reporting?
  • How does Uniform Guidance relate to your budget and spending?
  • What common timekeeping problems should you avoid?
  • Why must you review the numbers before the calendar year ends?
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    INFORMATION
    Training Overview

    Time Reporting for Grants. Do you comply with this essential element of 2 CFR 200?

    Tracking time and effort accurately under Uniform Guidance (2 CFR 200) is absolutely mandatory for federal grants. It is an area where organizations tend to make many mistakes, leading to adverse financial and reputational consequences.


    Before the year ends, you must scrutinize your
    organization’s personnel activity documentation system and practices. A lack of sufficient time and effort systems, documentation policies, and reporting protocols are areas of concern for federal grant watchdogs that lead to cost disallowances.

     

    • Which organizations must comply with Uniform Guidance?
    • What are the time and effort reporting requirements of 2 CFR 200?
    • What key issues and risks surround inaccurate activity reporting?
    • How does Uniform Guidance relate to your budget and spending?
    • What common timekeeping problems should you avoid?
    • Why must you review the numbers before the calendar year ends?
    Recommended Audience
    Who Should Attend?
    • Nonprofit chief executives
    • Executive directors
    • Chief financial officers
    • Controllers
    • Other finance staff
    • Senior management
    • Program directors and managers
    • Human resources managers and staff
    • Grant managers
    • Government relations personnel
    • Compliance officers and managers
    Rex L. Porter
    About

    Expert Presenter

    Rex L. Porter
    • Principal and founder of Porter Group LLC, a premier national federal grant funding and compliance consulting service
    • 25-year career in federal grants management
    • Served as a federal grants official, grant-funded organization executive director, and local government project manager
    • Retired Air Force officer
    • Holds master of business administration and master of science in systems management degrees
    • Certificates in nonprofit management, and program and contract management
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