Description

This course provides a practical understanding of cost principles and how to apply them in accordance with OMB guidance for federal financial assistance. You’ll learn about the updates to 2 CFR 200 and the impacts across the grant management lifecycle, effecting state and local governments, as well as non-profit organizations. This information will increase your ability to apply cost principles and better manage federal grants on the job.

CPE Information

Learning Objectives:

This course covers:

  • Hierarchy of rules
  • Reasons for the development of the federal cost principles
  • General principles for determining allowable costs
  • Criteria for selected items of cost

Program level: Basic

Delivery method: Group internet-based (virtual) or group-live (in person)

Course prerequisite: None

Advance prep: None

CPE credit: 8

Field of study: Accounting (Governmental)

AGA 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 National Registry of CPE Sponsor ID: 104201.

Instructors

Cynthia Baugh

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