Executive Summary Event Title: YouthBuild Pre-NGO Series: Administrative and Financial Date: March 26, 2019 Moderator(s): Jenn Smith Speaker(s): Chanel Castaneda Run of Show Objectives 1:20 WIOA Law and Regulations for YouthBuild 5:14 Administrative Requirements- Internal Controls 12:06 Effective Management Systems 16:06 Compliance: Requirements 25:46 Cost Principles 28:46 Prior Written Approval 31:04 Cost Allocation 39:38 Real Property Under YouthBuild 49:07 Costs Under YouthBuild 53:05 Incentive Payments Under YouthBuild 56:25 YouthBuild Cost Limitations 1:02:40 Infrastructure Costs 1:07:51 Match/ Cost Sharing 1:10:51 Documentation 1:19:20 Leveraged Resources 1:20:05 Financial Reporting Standards 1:22:28 Common Mistakes by YouthBuild Grant Recipients 1:25:51 Introducing the New Core Monitoring Guide 1:29:21 Q&A 1:31:43 This webinar provided an overview of the administrative and financial requirements as prescribed by WIOA and the Uniform Guidance. In addition, this webinar provided specific administrative and financial requirements as specified by YouthBuild WIOA regulations at 2 CFR Part 688. The intent of this webinar was to train external grant fiscal staff who recently received a YouthBuild grant from DOLETA. The first part of the webinar contained a general overview of the administrative requirement for internal controls, policies and procedures, and sound management practices. Next was on subpart E, Cost Principles, of the Uniform Guidance and the standards that affect cost allowability, prior written approval, and cost allocation. The webinar also spoke on costs that are specific to the YouthBuild program. The next section focused on Match and Leveraged Resources, with information on leveraged resources and how it differs from match, as well as the closeout process and what it means to have unmet match and leveraged resources. Lastly, the webinar went over reporting requirements for recipient share. The last part of the webinar discussed common issues identified by monitoring reports at YouthBuild grants as well as links to additional tools and resources found on various webpages. WFGPS Event Page Link: YouthBuild Pre-NGO Series: Financial and Administrative