(Recorded Webinar) The Allowable Cost System
Fundamentally, a grant from the federal government is simply an agreement by the government to reimburse a non-federal entity for certain costs of certain activities. The limits of the government’s agreement are expressed primarily through the federal cost principles and are defined as “allowable costs.” Join FTLF Partner Scott S. Sheffler to evaluate and discuss the scope and limitations on reimbursable costs, and key risk areas inherent in this system.
- CEOs/ Directors
- Fiscal Staff
- Compliance Directors
- Other grants management staff
After this webinar, you will be able to:
- Discuss and evaluate the scope and purpose of the federal grant agreement.
- Understand the fundamental requirements of the federal cost principles.
- Evaluate key “allowable cost” and cost allocation risk areas and strategies for addressing them.
A Partner with the firm in the Federal Grants and Health Law practice groups, Scott advises clients on matters of federal grant law, government contract law, and health care law. Scott assists clients with the myriad requirements that apply upon acceptance of federal grant funding, including the administrative requirements and cost principles established in the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), the Office of Management and Budget (OMB) Circulars that preceded the Uniform Guidance, and program-specific statutory and regulatory funding conditions. [Full Bio]
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Group Attendance: Due to the online nature of webinars, we cannot verify participation by more than one person. For groups, we provide an attendance record form and blank Certificates of Attendance to record attendance at a group viewing session and document each individual's participation. We recommend that a supervisor or colleague sign the certificate to certify attendance.
Read more about maintaining an attendance record in our FAQs.
- 1.25 Certificate of Attendance
Enrollment for this course has been closed. If you are interested in this topic, you can enroll in our August 2021 course The Allowable Cost System.
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