Programmatic and Fiscal Compliance as a Team Effort 2014 Project Director Training & Annual Meeting1.

Slides:



Advertisements
Similar presentations
Key Concepts for AmeriCorps. Session Objectives Provide an opportunity for participants to network in program specific group Discuss key fiscal and grant.
Advertisements

SHOW ME THE MONEY BUDGETING 101.
Key Concepts for Senior Corps. Session Objectives Provide an opportunity for participants to network in program specific group Discuss key fiscal and.
INTERNAL CONTROLS.
Financial Literacy for Executives and Non-financial Staff Bonnie Janicki, Corporation for National and Community Service.
Financial Monitoring Techniques
1 AUDIT AND AUDIT RESOLUTION Peg Rosenberry, Director of Grants Management Claire Moreno, Audit Liaison, Office of Grants Management 9/18/2009 AMERICORPS.
Key Focus Areas for AmeriCorps Financial and Grants Management Institute - March 18-20, 2008 (updated 2010)
MONITORING OF SUBGRANTEES
Fiscal Monitoring: Ensuring Accountability of Your Sub-Grantees
Program design overview Pre-contract to post-program year Office on Volunteerism and Community Service.
Massachusetts Department of Elementary & Secondary Education
Presented by: David Baird KSBA Interim Executive Director REVIEW OF THE AUDITOR EDELEN REPORT.
Financial Management What you need to know…. Agenda –Introductions –Webinar logistics –Financial management systems OMB circulars – ‘Super Circular’ Accounting.
Documentation, Cash & In-Kind Match. Session Objectives Gather information on proper documentation Allowable, allocable & reasonable costs Gain knowledge.
Documenting Expenses & In-Kind Contributions. 2 Donations that Aren ’ t Dollars: In-Kind Contributions Session Objectives: Have participants understand:
4/28/2015 Presented by David McQuay, Jr., CPA 1 Non-Profit Financial Management Florida Non-profit Housing, Inc. Self-help Housing Conference.
2014 AmeriCorps State and National Symposium Omni Circular The CNCS Basics.
Fiscal Monitoring Fiscal Monitoring. Agenda I. Fiscal Monitoring I. Fiscal Monitoring II. Follow-up II. Follow-up III. Correction Action Plan III. Correction.
Documenting Cash and In-Kind Match Project Director Training & Annual Meeting.
1 2 Financial Management Training Learning Objectives Participants increase their knowledge of financial management requirements. Program gain a clear.
Kentucky Auditor of Public Accounts Libby Carlin, Assistant State Auditor (502)
Grant Management Webinar Presenters – Karla Freeman – Beth Romero – Chris Epoca.
Financial and Grants Management Institute - March 18-20, Establishing Internal Controls.
2014 AmeriCorps State and National Symposium Updates and Fixed Awards.
Time System What is this all about? The purpose of this project is to automate how Evergreen collects, records and manages employees’ dates and times worked.
Financial and Grants Management Institute - March 18-20, Federal Grants Management for Fiscal Staff.
B08-1. Overview Compensation planning: A. Why it’s important B. Who is responsible C. Before you begin D. Six essential steps B08-2.
Staff Timesheets 2014 Project Director Training & Annual Meeting1.
AMERICORPS 101.
INTERNAL CONTROLS. Session Objectives Understand why an organization should have internal controls Understand the key components of internal controls.
Office of Special Education TIME AND EFFORT REPORTING Presenters: Michael Wynn, CFE Grants Management Certified Nancy Jo Serna, CPA Grants Management Certified.
AUDITS. Session Objectives To familiarize participants with the Inspector General Audit Process To better prepare participants for the audit by providing.
Financial and Grants Management Institute - March 18-20, Developing and Managing Your Budget.
Foundation Financial Services Post Award Nancy Gomez Post Award Analyst.
Financial Management What you need to know…. Agenda –Introductions –Webinar logistics –Financial management systems Policies and procedures OMB circulars.
Financial Monitoring of Subgrantees You need to know... The information in this session is based on CNCS and Federal laws, rules, and regulations; CNCS.
Reimbursements, Reporting & Budget Modifications
Hospitality Operations Objective 4.02 – Human Resources.
1 INTERNAL CONTROLS Matthew Pakos School Improvement Grant Programs May 23, 2011.
Avoiding Common Issues and Pitfalls 2014 Project Director Training & Annual Meeting1.
AmeriCorps Education Award Program Campus Partner Orientation Presented by: Brittany Campese NYCC Program Coordinator.
Effective Management and Compliance 1 ANA GRANTEE MEETING  FEBRUARY 5, 2015.
Hospitality Operations Objective 4.02 – Human Resources.
NRS Financial Jeopardy! The Adult Education Community’s Favorite Game Show.
FISCAL RESPONSIBILITY IN TITLE III AND OTHER SPONSORED PROGRAMS AND GRANTS ADMINISTRATION Presented by Sharon S. Crews, M.Ac., CPA Vice President for Administrative.
1 GOVERNANCE in COMMUNITY ORGANISATIONS Community Solutions- NESB Community Safety Development and Coordination Project Auspiced by Illawarra Forum Inc.
Best Practices: Financial Resource Management February 2011.
2 Donations that Aren’t Dollars: In Kind Contributions Session Objectives Have participants understand: Implication of in-kind contributions as related.
The Auditors are Coming (Part I) Prepare for Federal Program Fiscal Monitoring Visits July 26, 2006.
SBIR Budgeting Leanne Robey Chief, Special Reviews Branch, NIH.
2008 California AmeriCorps Conference1 Federal and Grants Management for Program and Fiscal Staff.
AmeriCorps Education Award Program Student Orientation.
TRIBAL VOCATIONAL REHABILITATION CONTINUOUS IMPROVEMENT Quality Assurance reviews assumes that things will be improved with input and understanding of.
1 Expenditure Documentation Review. 2 The Purpose of the Expenditure Documentation Review Beginning with Fiscal Year , the Office of Family Planning.
U.S. DEPARTMENT OF LABOR EMPLOYMENT AND TRAINING ADMINISTRATION ARRA GREEN JOB AND HEALTH CARE / EMERGING INDUSTRIES NEW GRANTEE POST AWARD FORUM JUNE.
Financial Management What you need to know…. Agenda –Introductions –Webinar logistics –Financial management systems Policies and procedures OMB circulars.
FINANCIAL MANAGEMENT SYSTEMS REGION 3 FISCAL FORUM ATLANTA, GEORGIA APRIL 26-29, 2005.
Prepared by the Office of Grants and Contracts1 The Basics of Grants Administration.
OnTrack Financial and Grant Compliance. Welcome The OnTrack Policies and Procedures is a draft and a living document. It may be changed based on UWGC.
Timesheet Review, Suspension, Release for Cause/Compelling Office on Volunteerism and Community Service MEMBER MANAGEMENT.
Financial Management and Budgeting The Details. What Is a Budget? A useful tool for keeping track of funds. A useful tool for keeping track of funds.
Sponsored Research Accounting1 Cost Transfers Policy and Procedure.
Technical Assistance Office TCP Projects 2005 Contractual and Financial Management Administrative and Financial Handbook Prepared by IA, 14/12/2001 SOCRATES.
Welcome. Contents: 1.Organization’s Policies & Procedure 2.Internal Controls 3.Manager’s Financial Role 4.Procurement Process 5.Monthly Financial Report.
U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, ADMINISTRATION FOR COMMUNITY LIVING, WASHINGTON DC PHONE | FAX | WEB
BASIC FISCAL REQUIREMENTS DAVID MARX TEA, CHARTER SCHOOL ADMINISTRATION ©
Time & effort reporting
FINANCIAL MANAGEMENT -
Participant Support Costs
Presentation transcript:

Programmatic and Fiscal Compliance as a Team Effort 2014 Project Director Training & Annual Meeting1

Session Objectives  Reinforce understanding of the interrelationship between program and fiscal responsibilities  Identify specific areas where communication and clarity of roles are critical  Discuss real-life scenarios to increase collaboration between program and fiscal staff 2014 Project Director Training & Annual Meeting2

3 Compliance as a Team Effort  Strengthens the overall success of the program  Builds a more efficient and effective program  Enhances cooperation and coordination  Promotes on-going communication  Program AND Fiscal staff both Gain a deeper understanding of the program goals Learn to value each other and their roles in the project Support and cultivate a common purpose with mutual goals and mutual accountability

2014 Project Director Training & Annual Meeting4 Why Communicate?  Program staff make decisions that have fiscal implications Developing budgets Member issues: living allowances, recruitment, retention, slot conversions, reporting, timesheets Spending the money  Fiscal staff need to understand the program so they know When standard accounting and personnel practices do and do not apply When special grant requirements take precedence

2014 Project Director Training & Annual Meeting5 Why Collaborate?  Program and Fiscal staff may provide a different perspective on the issue  Each person has different experiences to draw from  Together, each can use their talent and experience to contribute to the success of the program  Two minds are better than one!

2014 Project Director Training & Annual Meeting6 Examples of Collaboration Areas  Budget Development and Execution  Member Area Eligibility Recruitment and Retention Tracking Systems Timesheets Stipends or Living Allowances Slot Conversion & Refills  Site Host Tracking Systems  Program Income  Financial Reporting The following slides provide details of these collaboration examples

2014 Project Director Training & Annual Meeting7 Budget Development and Execution Both Program & Fiscal Staff should  Assist in developing the AmeriCorps budget by line item  Develop the system to track budget versus actual expenses  Review the budget versus actual expenses quarterly, at a minimum, but more frequently may be more effective  Determine what line items funds can be reallocated based on periodic reviews  Determine how subgrantees or host site budgets are monitored, if applicable  Know when CNCS approval is needed for budget changes  For awards in excess of $100,000 cumulative budget changes of 10% or more must be approved by CNCS staff

Member Eligibility  This is the single most costly finding in OIG audits  Eligibility documentation is critical and usually collected by program staff  An appropriate internal control includes a fiscal or other staff Review files for completeness and accuracy and Have information in payroll files before issuing first living allowance payment 2014 Project Director Training & Annual Meeting8

9 Member Recruitment & Retention Both Program & Fiscal Staff should know When members have started service The level of recruitment The level of retention Know when slot conversions are warranted and have been made  Recruitment and retention will impact program expenses and cash flow

2014 Project Director Training & Annual Meeting10 Member Tracking Systems Both Program & Fiscal Staff should  Assist in developing a system to track members’ W-4 received at the beginning of service [Withholding Allowance Certificate] W-2 provided at close of tax year [Wage & Tax Statement] Living allowances payments Personal Income Taxes Worker’s Compensation insurance or Occupational, Accidental, and Death and Dismemberment coverage Health insurance Unemployment Insurance taxes, if mandated by state law

2014 Project Director Training & Annual Meeting11 Member Tracking Systems (cont’d) Both Program & Fiscal Staff should  Ensure living allowances are not paid on an hourly basis  Ensure members are not classified as an employee or paid a wage  Ensure member costs are separately identified from organizational staff salaries & benefits  Ensure member living allowances cease when member concludes term of service or is released from participation  Ensure liability insurance coverage is secured for members in on- and off-site projects  Ensure member files and records are safe and secure

2014 Project Director Training & Annual Meeting12 Slot Conversions & Refills  Review slots where members have exited without award and determine if The slot can be refilled, or If funds will be unexpended to be reallocated  Obtain approvals for reallocation, as needed  Additional resources may need to be raised if you refill a slot  Part-time conversion to full-time Account for additional health insurance

2014 Project Director Training & Annual Meeting13 Member Living Allowance  Program and payroll staff need to develop a communication system to ensure that only active members receive living allowance  Program and payroll staff need to discuss issues with AmeriCorps living allowance Example = exemptions from worker’s compensation insurance Example = living allowance does not vary based on number of hours Example = No “lump sum” or “catch up” payments

2014 Project Director Training & Annual Meeting14 Member Timesheets  Develop a system to check member timesheets for accuracy  Timesheet hours Must be added correctly Signed and dated by both the member AND supervisor  Check with payroll staff to determine if there are existing systems and internal controls within the organization to assist with time tracking

2014 Project Director Training & Annual Meeting15 Host Site Tracking Systems Both Program & Fiscal Staff should Track overall obligations to host sites or subgrantees Track expenses by line item Track budget changes Track host site payments for member sponsorship Track other match from host sites  Space, supplies, travel

2014 Project Director Training & Annual Meeting16 Host Sites  Fiscal staff should serve as a resource for Policies Regulations Documentation Allowable costs  Program staff should serve as a resource for Member orientation Supervision of the member Reporting and evaluations of members Participation in activities Member meetings

2014 Project Director Training & Annual Meeting17 Program Income Both Program & Fiscal Staff should  Determine if income is generated from program activities  Develop a system to track and report program income  Ensure program income is reported, if applicable

2014 Project Director Training & Annual Meeting18 Financial Reporting Both Program & Fiscal Staff should  Establish procedures so that both program and fiscal staff review and sign- off on all reports before they are submitted

2014 Project Director Training & Annual Meeting19 Fixed-Amount Grants - EAPs Both Program & Fiscal staff should know  Not required to complete a detailed budget  Not required to comply with OMB Cost Principles  Not required to track or report on your expenditures  Not required to provide match  “Auditable?” Yes, fixed-amount grants can be audited by CNCS/OIG [member eligibility]  Grantees pay all program costs over the amount per MSY provided by the CNCS  Grantee cannot draw down fee until member is enrolled in the AmeriCorps Trust

2014 Project Director Training & Annual Meeting20 Activity: Program & Fiscal Staff Collaboration 1. Discuss and share your “real life experiences” with your group a. How do your program and fiscal staff work together? b. How often do your program and fiscal staff meet? c. What is the agenda for the periodic meetings? d. What reports and information do program and fiscal staff exchange for review? e. What issues arise when collaboration does not occur? 2. As a group, develop the best Action Plan with key elements for an organization that does not currently have program and fiscal staff collaboration 3. Your group spokesperson will report out 4. General discussion by all Activity 1

2014 Project Director Training & Annual Meeting21 Collaboration Tips  Develop a written agreement or list of things to do Assign responsibilities and set expectations Assign timelines for completing work Assign timelines for providing reports and data for review Assign timelines to provide feedback  Schedule periodic meetings of Program and Fiscal staff Monthly or quarterly Set agenda for each meeting  Establish joint sign-off on reports  Review process and revise contracts, forms, and accounts Beginning of each program year Every 3 to 6 months after beginning of year

22 Questions? 2014 Project Director Training & Annual Meeting