A deep dive that will focus on issues and items for consideration as entities review policies, rates, and procedures to comply with these requirements.
Berkeley Research Group’s Ryan Byrd and Mia Bautista will present on new requirements and new agency guidance for the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, which streamlines into one document the guidance governing federal grants and cooperative agreements.
This 3-part virtual course is designed for new and experienced recipients of grants and cooperative agreements.
Schedule of Sessions
ll sessions Wednesdays, 2:00 – 4:00 pm (ET):
Session 1 –
- Understand the key concepts in the Omni Circular
- Understand the relevant compliance requirements and changes from prior guidance
- Understand the impact of the circular on pre-award activities from risk assessments and conflicts of interest to certifications and disclosures
Session 2 –
- Understand the impact of the circular on post-award activities such as financial management standards, revisions of budget and scope
- Review standards of real property, equipment, supplies, and intangible property
- Understand key changes in procurement standards and definitions
- Understand requirements for subrecipient administration, monitoring and FFATA reporting
Session 3 –
- Obtain understanding of selected cost principles and indirect cost rates, and changes to existing cost principle regulations
- Understand record retention and closeout requirements
- Understand key changes to single audit requirements
- Review action items for the organization and key areas of priority for compliance
Mr. Byrd is a Managing Director at Berkeley Research Group. He provides consulting services in the fields of government contract accounting, administration, and compliance. He has experience providing consulting, financial advisory, and audit services to companies and organizations that range from middle market to the Fortune 100. Mr. Byrd has in-depth experience with the Federal Acquisition Regulation (FAR), the Cost Accounting Standards (CAS), and other federal government procurement regulations. His expertise includes working with companies in a variety of industries, including professional services, aerospace, defense, manufacturing, information technology, telecommunications, biotech, and not-for-profit organizations, all of whom receive federal funds. He has advised numerous commercial companies on how to adapt practices to conform to the unique government contracting regulated environment. Mr. Byrd has experience with all forms of government contract acquisition matters, from competitive procurements to commercial item exemptions. He advises throughout the entire life cycle of government contracts, as well as providing expert advice on a myriad of complex government contract accounting and contract administration-related matters. He has worked with companies on merger and acquisition assignments on both the buy-side and sell-side, and provides due diligence support to identify issues/benefits associated with cost accounting, and other regulatory impacts associated with the transaction. Mr. Byrd has assisted companies prepare and deliver voluntary disclosures, with results and findings presented in connection with settlement negotiations.
Ms. Bautista joined Berkeley Research Group in 2014 with experience in government contracts and grants, program and financial management, and process development. Her industry expertise includes profit, not-for-profit, and NGO clients relative to contracts, grants, and cooperative agreements, and global operations. Ms. Bautista has managed contracts and grants with various types of funders, and managed the associated indirect cost recovery and constraints, and donor restrictions. She has also led corporate financial analysis, planning, budgeting, and performance management. Ms. Bautista has experience triaging complex and high profile problems. Ms. Bautista has recent consulting experience in program management of multiple disciplines at a $200+ million NGO. Her experience includes developing policies and procedures, associated trainings, and review mechanisms for diverse areas to include: unallowable costs; cost structure; subaward management, timekeeping and labor distribution, work plan management and budgeting; and field office operations. In addition, she consulted on the organizational structure for Operations and Development. She has extensive knowledge of the international development community, as it relates to managing organizations and diverse funding portfolios. Ms. Bautista has directed the financial and operations administration of regional offices and managed organizational changes and implications on staff. She has led desk reviews and site visits to grantees, providing recommendations on findings, capacity building, and training. Additionally, she has experience in financial system selection and implementation, and procurement system implementation and rollout.
Continuing Education Credits
2 credit per session; 6 credits for entire series
2 credits per session; 7 credits for entire series
2 credits per session; 6 credits for entire series for AK, AZ, AR, CA, CO, FL, HI, ME, MT, NJ, NY, ND, OR, PA, VA, WI (if you need CLE for a state not listed, call us.)
0.2 credit per session; 0.6 credits for entire series
This course can be submitted to Project Management Institute (PMI) for PDU. Upon their approval, it may be worth 2 PDU credit per session; 6 PDU credits for entire series