A Tutorial on Grants Management Rules Under EDGAR Presented by Michael Brustein, Esq. mbrustein@bruman.com Brustein & Manasevit, PLLC Spring 2012 Forum
Agenda Purpose of the Training Roadmap of EDGAR and OMB Circulars Questions
Roadmap of EDGAR and OMB Circulars 80.20(b) (p. 107) – Standards for Financial Management Systems 80.22 (p. 108) – Allowable Costs A-87 Basic Guidelines (p. 291-292) A-87 Composition of Cost (p. 292) 80.23 (p. 108) – Period of Availability of Funds 76.707 (p. 87) – When Obligations Are Made 76.708 (p. 87) – When Certain Subgrantees May Begin to Obligate Funds 76.710 (p. 88) – Obligations Made During a Carryover Period are Subject to Current Statutes, Regulations, and Applications
Roadmap of EDGAR and OMB Circulars i) 80.32 (p. 114) – Equipment j) 80.36 (p. 115) – Procurement k) 80.42 (p. 124) – Retention and Access Requirements for Records l) 76.730 (p. 89) – Records Related to Grant Funds m) 80.40 (p. 122) – Monitoring and Reporting Program Performance n) 80.43 (p. 126) – Enforcement o) 76.401 (p. 74) – Disapproval of an Application –Opportunity for a Hearing
Roadmap of EDGAR and OMB Circulars Appendix B to A-87 (p. 293) – Selected Items of Cost + Advertising (p. 294) (outreach) + Personnel Costs (p. 295) + Meetings (p. 305) + Travel (p. 308) A-133 – Single Audits + 210 (p. 358) – Subrecipient and Vendor Determinations + Compliance Supplement (p. 354) + 200 (p. 357) – Audit Requirements + 320 (p. 363) – Report Submission + Pass-Through (p. 367) 81.32 (p. 134) – Proportionality Appendix to Part 81 (p. 139) – Illustrations of Proportionality 81.33 (p. 135) – Mitigating Circumstances
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