Federal agencies are demanding greater accountability from grant recipients on how they spend and manage federal funding. The Uniform Guidance (also known as 2 CFR Part 200) includes even more ways to hold organizations and individuals responsible for when good grants go bad than ever before. This series will show grant writers and grant managers real-life examples of cost disallowance and penalties for non-compliance with federal grants. Lucy will analyze key process deficiencies that led to audit findings and demonstrate practical strategies for creating a roadmap to successful grant management at your governmental entity or organization. Benefits include access to additional funding, strengthened program oversight, and better grant outcomes. In Part II of this series, Lucy will give an overview of financial management principles and review how strengthening internal controls can reduce the risk of waste, fraud, and abuse of funding.
Participants will leam key financial management components for effective federal grant management at their governmental entity or organization. Grant writers and managers will gain insights into describing and implementing best practices for the financial management of federal grants.