Geared toward those administrators that are new to federal grants management or want a refresher on the basics of the federal rules, this virtual training will review the major sections of 2 CFR Part 200 – Uniform Administrative Cost Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance, or UGG).
This training will focus on the allowability of costs, financial management, procurement requirements, inventory management, time and effort, and documentation. On August 13, 2020, the Office of Management and Budget (OMB) published revisions to the UGG that amended existing sections and added new requirements. While the revisions became effective on November 12, 2020, OMB has since release technical revisions, updated its FAQs, and issued other guidance interpreting these requirements. This training will prove an overview and discuss all these changes.