Webinar Materials: The Focus on Internal Controls & Compliance

January 23 | 2–3:50 PM ET | 2 CPEs | FOS: MGMT

This webinar is still going on January 23, 2019 from 2 - 3:50pm, ET despite the ongoing government shutdown.  All materials and access link to the webinar was sent on Friday, Jan. 18. Should you have any questions, please contact webinars@agacgfm.org. 

Internal controls over grant activities are often undocumented or misunderstood. The management of complexities and risks associated with the acceptance of federal is important to provide assurance to management and oversight bodies that the funds are properly spent. Internal controls provide the backbone for accountants, auditors and grant managers to ensure that grant funds are spent in accordance with requirements and to help reduce the risk of improper payments and fraud. Internal controls over activities of subrecipients are also essential to employ at the recipient level, especially if there are small subrecipients. This webinar will focus on understanding internal controls that need to be in place to help organizations comply with financial and compliance requirements surrounding grants. In addition, the session will identify ways to use the GAO Green Book, the OMB Compliance Supplement and other tools as guides to better understand and implement internal controls.

Speakers

  • Douglas Godesky, Senior Grants Officer and Policy Advisor, Corporation for National and Community Service
  • Lucy Mungle, MPA, CPA, Policy Analyst, Office of Justice Program/OAAM
  • D. Clark Partridge, CGFM, CPA, State Comptroller, AZ Dept. of Administrative GAO

Moderator

Bert Nuehring, CPA, Partner, Crowe

Learning objectives:

Participants will be able to identify:

  • The importance of internal controls over financial and compliance aspects of grants
  • The expectations of internal controls and grant compliance of recipients and subrecipients
  • How the GAO Green Book and OMB Supplement can be used to develop sound internal control practices 
  • The key elements of managing the risk of fraud

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