EDGAR and OMB Circular Tutorial for SEAs and LEAs Bonnie Little Graham Brustein & Manasevit, PLLC Spring Forum 2013 Brustein.

Slides:



Advertisements
Similar presentations
The Colorado Audit A Case Study in Audit Resolution 1 Bonnie Little, Esq. Brustein & Manasevit, PLLC Fall Forum 2011.
Advertisements

RECENT AUDIT DEVELOPMENTS: THE SUPERCIRCULAR Michael Brustein, Esq. Brustein & Manasevit, PLLC Spring Forum
Corrective Action Plans Frequently Asked Questions
Allowability and Grants Management Test When Working With NonTraditional Providers Tiffany R. Winters, Esq. Erin Auerbach, Esq.
Grants Management Test for State and Local Educational Agencies
LEIGH M. MANASEVIT, ESQ. BRUSTEIN & MANASEVIT, PLLC FALL FORUM 2012 WHAT LAWS APPLY TO FEDERAL GRANTS: A HISTORICAL PERSPECTIVE.
Presented by Leigh M. Manasevit, Esq. Brustein & Manasevit, PLLC Fall Forum 2012 Maintenance of Effort, Comparability.
21 ST CENTURY COMMUNITY LEARNING CENTERS REQUIREMENTS AND FLEXIBILITY IN LIGHT OF THE WAIVER Michael Brustein, Esq. Brustein & Manasevit,
Fill in missing numbers or operations
1
Worksheets.
Copyright © 2003 Pearson Education, Inc. Slide 1 Computer Systems Organization & Architecture Chapters 8-12 John D. Carpinelli.
Copyright © 2011, Elsevier Inc. All rights reserved. Chapter 6 Author: Julia Richards and R. Scott Hawley.
Author: Julia Richards and R. Scott Hawley
1 Copyright © 2013 Elsevier Inc. All rights reserved. Appendix 01.
1 RA I Sub-Regional Training Seminar on CLIMAT&CLIMAT TEMP Reporting Casablanca, Morocco, 20 – 22 December 2005 Status of observing programmes in RA I.
Threshold System Presented by Jan Stanley, State Title I Director Office of Assessment and Accountability Fall Title I Directors Conference October 23-25,
FEDERAL GRANT MANAGEMENT Federal Programs New Directors Workshop March 11, 2013 WVDE Office of Federal Programs.
Custom Statutory Programs Chapter 3. Customary Statutory Programs and Titles 3-2 Objectives Add Local Statutory Programs Create Customer Application For.
Add Governors Discretionary (1G) Grants Chapter 6.
CALENDAR.
1. 2 Intersection of Fiscal and Program Requirements Larry Fanning School Finance Specialist II STATE OF ALASKA Department of Education & Early Development.
FACTORING ax2 + bx + c Think “unfoil” Work down, Show all steps.
Year 6 mental test 10 second questions
Around the World AdditionSubtraction MultiplicationDivision AdditionSubtraction MultiplicationDivision.
The 5S numbers game..
PP Test Review Sections 6-1 to 6-6
Bright Futures Guidelines Priorities and Screening Tables
Copyright © 2012, Elsevier Inc. All rights Reserved. 1 Chapter 7 Modeling Structure with Blocks.
1 RA III - Regional Training Seminar on CLIMAT&CLIMAT TEMP Reporting Buenos Aires, Argentina, 25 – 27 October 2006 Status of observing programmes in RA.
Factor P 16 8(8-5ab) 4(d² + 4) 3rs(2r – s) 15cd(1 + 2cd) 8(4a² + 3b²)
Basel-ICU-Journal Challenge18/20/ Basel-ICU-Journal Challenge8/20/2014.
1..
CONTROL VISION Set-up. Step 1 Step 2 Step 3 Step 5 Step 4.
When you see… Find the zeros You think….
+21 Economic Expectations Europe December 2013 Indicator > +20 Indicator 0 to +20 Indicator 0 to -20 Indicator < -20 European Union total: +14 Indicator.
Before Between After.
25 seconds left…...
Subtraction: Adding UP
Essential Cell Biology
Resistência dos Materiais, 5ª ed.
PSSA Preparation.
Essential Cell Biology
Immunobiology: The Immune System in Health & Disease Sixth Edition
Energy Generation in Mitochondria and Chlorplasts
THE SUPER CIRCULAR – “OMNI CIRCULAR” THE ONE-STOP SHOP FOR FEDERAL ASSISTANCE OMB Revised Administrative, Cost, Audit Rules Governing All Federal Grants.
Grants Management Test for Institutions of Higher Education and Nonprofit Organizations Tiffany R. Winters, Esq. Erin Auerbach, Esq.
Presented by Michael Brustein, Esq. Bonnie L. Graham, Esq. Brustein & Manasevit, PLLC Fall Forum 2013.
Omni Circular Key Area #7: New Responsibilities of the Pass- Through Agency By Michael Brustein, Esq. Brustein & Manasevit, PLLC Spring.
PRESENTED BY MICHAEL BRUSTEIN, ESQ. NEVADA AEFLA DIRECTORS A DISCUSSION OF FEDERAL ISSUES NOVEMBER 28, 2012 HYATT PLACE.
Subrecipient Monitoring and Common Findings By USDE Kristen Tosh Cowan, EsquireTiffany R. Winters, Esquire
The Impact of OMB Circulars (Super or Otherwise) on Federal Programs Michael Brustein, Esq. Brustein & Manasevit, PLLC Fall Forum.
Brette Kaplan, Esq. Erin Auerbach, Esq. Brustein & Manasevit, PLLC Spring Forum 2013
What Laws Apply to Federal Grants: A Historical Perspective Leigh M. Manasevit, Esq. Brustein & Manasevit, PLLC Fall Forum 2011.
Timeliness, Indirect Costs and Other Requirements Under Part 75 Leigh Manasevit, Esq. Brustein & Manasevit, PLLC Spring Forum 2015.
Obligations, Tydings and Complying with Cash Management Requirements Michael Brustein, Esq. Brustein & Manasevit,
What Laws Apply to Federal Grants: A Historical Perspective Leigh M. Manasevit, Esq. Brustein & Manasevit, PLLC Spring.
DEVELOPING POLICIES AND PROCEDURES Brette Kaplan, Esq. Erin Auerbach, Esq. Brustein & Manasevit, PLLC Fall Forum.
Grants Management Test for State and Local Educational Agencies
GEPA Appeal: Who? What? When? Why? Where?
THE FUNDAMENTALS OF FEDERAL GRANTS MANAGEMENT AND AUDIT RESOLUTION
Perkins: Monitoring Findings and Fiscal Issues
The Importance of Subrecipient Monitoring
EDGAR OVERVIEW Michael L. Brustein, Esq.
To Accountability…and Beyond
Managing Federal grants
EDGAR 201 Steven A. Spillan, Esq.
A Tutorial on Grants Management Rules Under EDGAR
What Laws Apply to Federal Grants: A Historical Perspective
Presentation transcript:

EDGAR and OMB Circular Tutorial for SEAs and LEAs Bonnie Little Graham Brustein & Manasevit, PLLC Spring Forum 2013 Brustein & Manasevit, PLLC 1

Key Questions 1.What is the significance of EDGAR? 2.Which OMB Circulars apply? 3.What is the relationship to program regulations? 4.What legal authorities do you rely on? Brustein & Manasevit, PLLC 2

Anatomy of EDGAR Administrative Rules SEAs/LEAs – Part 80 Postsecondary – Part 74 Nonprofits – Part 74 State-Administered Programs – Part 76 Direct Grants – Part 75 Enforcement – Part 81 Lobbying – Part 82 Debarment/Suspension – Part 85 FERPA – Part 99 Brustein & Manasevit, PLLC 3

Cost Principles SEAs/LEAs – A-87 Postsecondary Institutions – A-21 Nonprofits – A-122 Brustein & Manasevit, PLLC 4

Audit Principles SEAs/LEAs – A-133 Postsecondary Institutions – A-133 Nonprofits – A-133 Brustein & Manasevit, PLLC 5

Roadmap Standards for Financial Management How to Determine if a Cost is Allowable Cash Management Controls and Obligations Asset Controls Procurement Controls Selected Cost Items Audits and Enforcement Brustein & Manasevit, PLLC 6

Roadmap of EDGAR and OMB Circulars Standards for Financial Management Systems 80.20(b) (p. 2) Allowable Costs (p. 3) Basic Guidelines A-87(p. 4-6) Brustein & Manasevit, PLLC 7

Roadmap of EDGAR and OMB Circulars Period of Availability of Funds (p. 8) When Obligations are Made (p. 9) When Certain Subgrantees May Begin to Obligate Funds (p. 10) Obligations Made During Carryover Period (p. 11) Brustein & Manasevit, PLLC 8

Roadmap of EDGAR and OMB Circulars Equipment (p. 12) Procurement (p. 14) Retention and Access Requirements for Records (p. 22) Brustein & Manasevit, PLLC 9

Roadmap of EDGAR and OMB Circulars Records Related to Grant Funds (p. 23) Monitoring and Reporting Program Performance (p. 24) Enforcement (p. 25) Brustein & Manasevit, PLLC 10

Roadmap of EDGAR and OMB Circulars Selected Items of Cost Appendix B to A-87 (p. 26) Travel (p. 28) Advertising (p. 28) (outreach) Personnel Costs (p. 33) Meetings (p. 36) Brustein & Manasevit, PLLC 11

Roadmap of EDGAR and OMB Circulars A-133 Single Audits _210 (p. 39) – Subrecipient and Vendor Determinations Mitigating Circumstances (p. 135) Brustein & Manasevit, PLLC 12

Questions? Brustein & Manasevit, PLLC 13

Disclaimer This presentation is intended to solely provide general information and does not constitute legal advice. Attendance at the presentation or later review of these printed materials does not create an attorney client relationship with Brustein & Manasevit, PLLC. You should not take any action based upon any information in this presentation without first consulting legal counsel familiar with your particular circumstances. Brustein & Manasevit, PLLC 14

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com. Inc. All rights reserved.