What Can We Learn from ARRA Audits?
The last crisis our country had was in 2008 with the collapse of the financial system. One of the first pieces of legislation passed by the then-new Obama Administration was the American Recovery and Reinvestment Act of 2009 (ARRA). Under ARRA, Congress appropriated tens of billions of dollars for federal grant programs across the spectrum to help turn the economy around.
With ARRA, similar to the Coronavirus Aid, Relief, and Economic Security (CARES) Act today, Congress appropriated hundreds of millions of dollars for the offices of inspector general to conduct audits to ensure that funds were spent as intended. Common audit findings included:
- Time and effort missteps
- Property management failures
- Poorly documented advanced payment requests
On this webinar, we will review these and other common audit findings from ARRA, explain the key issues raised by each one (and if the same rules apply today), and discuss how you can avoid making similar mistakes with CARES Act and similar funding.
- CEOs / Program Directors
- CFOs and Fiscal Staff
- Compliance Officers and Staff
- Project Managers and other Grants Management Staff
After this webinar, you will be better able to:
- Identify common mistakes grantees make with emergency funding
- Understand current Uniform Guidance requirements and flexibilities granted by OMB
- Describe strategies to prepare your organization for CARES Act audits
Serving as Senior Counsel in the firm’s Federal Grants, Health Law, and Litigation & Government Investigations practice groups, Kristen represents universities, non-profit and for-profit organizations facing legal actions under Federal health care and grant regulations in addition to the False Claims Act and Civil Monetary Penalties Laws. Prior to joining the firm, Ms. Schwendinger served for nearly eight years as an attorney and senior counsel in the U.S. Department of Health and Human Services (HHS), Office of Inspector General (OIG). [Full Bio]
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 and 2018 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 1.8 CPE credits in Specialized Knowledge and Applications upon completion of all course requirements.
- Prerequisites: None
- Target Audience: CEOs / Program Directors, CFOs and Fiscal Staff, Compliance Officers and Staff, Project Managers and 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 six (6) out of eight (8) 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).
- 1.50 Certificate of Attendance
- 1.80 CPEFTLF 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.
Access to the recorded version of this webinar is included in your purchase.
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