1. Bookkeeping Practices for Self-Help Grants (523) Theresa M. Hunt Self-Help Specialist June 18, 2013

2. A Brief overview of 523 grant funds, structuring your accounting system, federal requirements, allowable and disallowed expenditures, federal tax forms and the importance of budgeting.

3. What are 523 grant funds.

4. Who controls the grant funds.

5. Guide to Basic Bookkeeping for Not-for-Profit Organizations Structuring your accounting system This Training Guide can be found on FNPH’s website: www.fnph.org under publicationswww.fnph.org

6. OMB Circulars and RD Instruction 1944-I Federal Requirements OMB Circulars can be found at www.whitehouse.gov or from a link on FNPH’s Website www.fnph.org under Publications www.whitehouse.govwww.fnph.org RD Instruction 1944-I can be found from a link on FNPH’s Website under Rural Development Regulations.

7. RD Instruction 1944-I, §1944-405 and Exhibit A, Page 2 (C ) Allowable expenditures

8. RD Instruction 1944-I, §1944.406 Disallowed expenditures

9. Tax Calendar, but remember to personalize. Federal Tax Forms

10. Monthly Financial Report Importance of Budgeting

11. Not limited to Draw Down Requests, Cash Transaction Reports, SHARES and A-133 Program Reporting