Responding to Audit Findings

November 10, 2021

The federal grant system is, at its core, a “trust but verify” system in which compliance is driven by after-the-fact review of grantee actions.  Often, such after-the-fact reviews are in the form of Single Audit Act annual audits or Office of Inspector General audits.  

In this presentation, FTLF Managing Partner Ted Waters and Partner Scott S. Sheffler bring their day-to-day practice in resolving audit findings to bear for an in-depth discussion of risks, strategies, and opportunities in the audit process.  Based upon the legal underpinnings of the federal grant system and government rights to impose remedial measures, Mr. Waters and Mr. Sheffler provide practical guidance on the “do’s and don’t’s” in audit resolution.

The On-Demand version of this webinar will be available for purchase after the conclusion of the live webinar. 

Target Audience

  • CEOs/ Directors
  • Fiscal Staff
  • Compliance Directors
  • Other grants management staff

Learning Objectives

After this webinar, you will be able to:

  • Understand the purpose of the audit process and the auditor’s role
  • Identify risk areas and “red flags” in the audit process from the auditee perspective
  • Evaluate grantee options and available courses of action at each stage of the audit process
Course summary
Available credit: 
  • 1.00 Certificate of Attendance
  • 1.20 CPE
    FTLF is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.
Course opens: 
01/05/2021
Course expires: 
01/01/2023
Event starts: 
11/10/2021 1:00pm EST
Event ends: 
11/10/2021 2:15pm EST
Cost:
$150.00

SCOTT SHEFFLER

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]

TED WATERS

Serving as Managing Partner of the firm since 2003, and a member of the Health Law and Federal Grants practices since 1992, Ted focuses his practice on helping organizations to solve problems. Ted’s expertise in financial, cost reporting, reimbursement, and administrative issues is widely recognized, and illustrated by his selection as a 2014, 2015, 2016, 2018, 2019, & 2020 Washington, D.C. Super Lawyer in health care. Ted routinely handles challenging issues for clients such as government audits, internal investigations, and litigation. [Full Bio]

Participants can earn up to 1.50 CPE credits in Specialized Knowledge and Applications upon completion of all course requirements.

ATTENDEE REQUIREMENTS FOR CPE CREDIT

If you purchase CPE credit for this webinar you must satisfy the following conditions in order to receive your certificate:

  1. Answer at least 5 of the 7 polling questions during the webinar
  2. Complete the evaluation survey after the conclusion of the webinar or in the follow-up email

Upon completion of these requirements, FTLF will email you your CPE Certificate within seven (7) business days.

ADDITIONAL INFORMATION

  • Prerequisites: None 
  • Target Audience: CEOs/ Directors, Fiscal Staff, Compliance Directors, Other grants management staff
  • Advanced Preparation: None  
  • Program Level: All
  • Delivery Method: Group Internet Based
  • Attendance Requirements: In order to be awarded the full credits, you must respond to five (5) out of seven (7) polling questions.

Feldesman Tucker Leifer Fidell LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org (formerly www.learningmarket.org).

Available Credit

  • 1.00 Certificate of Attendance
  • 1.20 CPE
    FTLF is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

Price

Cost:
$150.00
Please login or register to take this course.

Access to the recorded version of this webinar is included in your purchase.

ACCESSING THE RECORDING

The recorded version of this webinar will be available within seven (7) business days after the conclusion of the live event. You will have access to the recording for 180 days after the live webinar has concluded. Once posted to your account, you can view this webinar anytime on-demand during the access period identified in the Recorded Webinar Now Available email. For additional information on viewing and accessing webinars, view our full terms and conditions here.

PAYMENT POLICY

All registrations made the day of a live webinar must be completed using a credit card or PayPal. We do not accept check payments or purchase orders for live webinars on the day of the webinar. If you wish to pay by check, please register in enough time for your check to reach our office; we must receive your check before we grant access to the webinar. If we receive your check after the live webinar, we will grant you access to the recorded webinar. For the most current information, please visit our FAQ page.

REFUNDS/ CANCELLATIONS

For orders of live webinars, FTLF will issue a full refund for cancellations requested at least one week PRIOR to the live webinar. We do not provide refunds for no-shows; however, you may request access to the recorded version of the webinar. If you ordered the wrong webinar and need to transfer your registration to a different program, please Contact Us. View our full policy on refunds and cancellations on our FAQ page.

Required Hardware/software

Google Chrome and Mozilla Firefox are the preferred browsers.