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Live Webcast Replay

Time & Effort Reporting for Federal Grants


Total Credits: 1 including 1 Accounting (Governmental) - Technical

Average Rating:
   35
Categories:
Accounting and Auditing |  Industry
Faculty:
Paul H. Calabrese
Course Levels:
Basic
Duration:
1 Hour 01 Minutes
License:
Access for 30 day(s) after program date.

Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


Description

Federal grants and cooperative agreements are high risk agreements because they involve mandatory time and effort reporting. We will discuss what is involved with
timekeeping for Federal awards. Specifically, what are the rules prescribed by the Uniform Guidance 2 CFR 200. We will identify a hidden minefield of labor costs based on time reports as they become a part of a “claim” to the US Government. An actual “war story” will back up our assertion. Our presentation includes a practical interpretation of the regulations, best practices and sample forms.

Basic Course Information

Learning Objectives
  • Understanding that time charges represent a “claim” to the US Government.
  • What happened to a university that did not adhere to the Uniform Guidance.
  • Learning what are the Uniform Guidance's expectations regarding time and effort reporting.
  • What would you do if an organization did not use timekeeping records to support labor cost.
  • Understanding what are the best industry practices regarding grant timekeeping.

Major Subjects
  • Grant timekeeping
  • What the Assistant US Attorney General stated about problematic time reporting
  • Mandatory do's and don't's for nonprofit organizations
  • What expectations are not explained in the regulations
  • Useful timekeeping forms and controls

Course Materials

Faculty

Paul H. Calabrese's Profile

Paul H. Calabrese Related seminars and products

Principal, Outsourced Accounting & Advisory Services

Gelman, Rosenberg & Freedman


Mr. Calabrese has hands-on experience with the Uniform Guidance for Federal grants recipients: nonprofits, universities, hospitals, and state/local/tribal units of governments. His skill-set involves: grant cost accounting, sub-recipient monitoring, preparation of over (100) indirect rates / NICRA for several Federal agencies, developed policies and procedures, medical management systems invoicing to state Medicaid agencies and toolkit for unit cost rates for Ryan White HIV AIDS HRSA awards. Paul has developed grant and financial statement dashboards. He has performed out-sourced CFO duties, annual budgets, cash flow projections, grant draws and budget monitoring.

 


Dates

Mon, Apr 03, 2023 - 01:00pm to 02:01pm MDT
Thu, Apr 06, 2023 - 05:00pm to 06:01pm MDT
Wed, Apr 19, 2023 - 07:00am to 08:01am MDT
Fri, Apr 28, 2023 - 09:00am to 10:01am MDT
Sat, May 06, 2023 - 11:00am to 12:01pm MDT
Thu, May 18, 2023 - 01:00pm to 02:01pm MDT
Tue, May 30, 2023 - 07:00am to 08:01am MDT
Wed, Jun 07, 2023 - 09:00am to 10:01am MDT
Sat, Jun 17, 2023 - 11:00am to 12:01pm MDT
Thu, Jun 22, 2023 - 01:00pm to 02:01pm MDT
Wed, Jun 28, 2023 - 07:00am to 08:01am MDT
Tue, Jul 11, 2023 - 09:00am to 10:01am MDT
Tue, Jul 18, 2023 - 05:00pm to 06:01pm MDT
Wed, Jul 19, 2023 - 11:00am to 12:01pm MDT
Mon, Jul 31, 2023 - 01:00pm to 02:01pm MDT
Tue, Aug 08, 2023 - 07:00am to 08:01am MDT
Thu, Aug 10, 2023 - 05:00pm to 06:01pm MDT
Sat, Aug 19, 2023 - 09:00am to 10:01am MDT
Wed, Aug 30, 2023 - 11:00am to 12:01pm MDT
Sat, Sep 09, 2023 - 01:00pm to 02:01pm MDT
Mon, Sep 18, 2023 - 07:00am to 08:01am MDT
Fri, Sep 29, 2023 - 09:00am to 10:01am MDT
Thu, Oct 12, 2023 - 11:00am to 12:01pm MDT
Fri, Oct 20, 2023 - 01:00pm to 02:01pm MDT
Mon, Oct 30, 2023 - 07:00am to 08:01am MDT
Wed, Nov 08, 2023 - 09:00am to 10:01am MST
Fri, Nov 17, 2023 - 11:00am to 12:01pm MST
Wed, Nov 29, 2023 - 01:00pm to 02:01pm MST
Thu, Nov 30, 2023 - 05:00pm to 06:01pm MST
Fri, Dec 08, 2023 - 07:00am to 08:01am MST
Wed, Dec 13, 2023 - 09:00am to 10:01am MST
Sat, Dec 23, 2023 - 11:00am to 12:01pm MST
Fri, Dec 29, 2023 - 01:00pm to 02:01pm MST

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For Public Accountants, Consultants, grant administrators, principal investigators/program managers, Awardees of Federal Grants and Cooperative Agreements which include: nonprofits, institutes of higher education, hospitals, Federal, state, local and tribal units of government.
Original Recording Date 11/2021
Course Developer Paul H. Calabrese
Date Added to Catalog 11/16/2021
Yellow Book Yes

Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Reviews

5
4
3
2
1

Overall:      4.5

Total Reviews: 35

Comments

Maria P - Sea Girt, New Jersey

"Excellent topic "

Mike S

" "

Calvin S

" "

Sandra F

"Excellent - thank you! "

Stanush David Paul S

"Mr. Calabrese did a good job presenting a difficult subject. The most important thing I learned is when you have a government contract that is based on time you better accurately record the time. "

rhonda f - Bardstown, Kentucky

"A very timely course given the amount of federal grants received/to be processed in the next 3 years"

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