Federal grant awards come with complex compliance requirements. Navigating the terrain of federal grant requirements under the new Uniform Guidance that governs compliance and having a Single Audit can be confusing. Where do you begin? How can you make sure your nonprofit is in compliance? How can you prepare for a Single Audit? What happened to OMB Circular A-133? In this program, you’ll learn about Single Audit requirements and what you need to know about the recent changes under Uniform Guidance, including new thresholds, new procurement requirements, public access to the reports, and others.
Please join Carol Barnard, CPA, CFE, MBA, senior manager, Aronson LLC as she assists federal grant recipients to understand what is required for compliance under the new Uniform Guidance, how to best approach internal control design in a federal grant environment, and how to prepare for being audited.
WHAT YOU’LL LEARN
The webinar will cover:
- The basic changes from Uniform Guidance
- The 12 areas of required compliance, including cash management, period of performance, and sub-recipient monitoring
- The COSO framework for developing internal controls over compliance
- Allowable/unallowable cost guidelines
- What your auditor is looking for in a Single Audit
YOUR CONFERENCE LEADER
Your conference leader for "Single Audit: Understanding the Uniform Guidance and Federal Grant Compliance Requirements" is Carol Barnard, CPA, CFE, MBA. Ms. Barnard is a senior manager in Aronson LLC’s Association Industry Services Group. With more than 13 years of industry experience, Carol has extensive experience with nonprofit audit and accounting issues including federal funding and related Single Audit requirements, cost principles, and compliance issues.
As a strong proponent for the nonprofit industry, Carol shares her expertise through webinars and training sessions. She was a contributing author and editor of The Financial Management Handbook for Associations and Nonprofits, published by the American Society of Association Executives (ASAE). Carol also serves as editor-in-chief of and is a regular contributor to Aronson’s Nonprofit Report blog.
Carol is a CPA licensed in Virginia and Maryland. She earned her MBA in accounting in 2003 and her CFE designation in 2012. Today, she is a member of both the American Institute of CPAs (AICPA) and the Association of Certified Fraud Examiners (ACFE).
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CERTIFICATES OF PARTICIPATION
NonprofitWebAdvisor certificates of participation are available to everyone completing this webinar.