This session will provide a practical overview of cost allocation principles for grants management, including how to identify allocable costs, apply consistent methodologies, and document allocation decisions. Presenters will discuss common challenges, compliance considerations, and practical strategies for developing allocation approaches that are reasonable, supportable, and aligned with federal grant requirements.
Learning Objectives:
- Identify key cost allocation principles and compliance requirements applicable to federal grants.
- Recognize common cost allocation challenges and risks in grants management.
- Apply practical strategies for documenting and supporting cost allocation methodologies.
- Better understand what to look for and request when evaluating a cost allocation plan.
Course Level: Intermediate
1 CPE in Specialized Knowledge
Members: FREE registration and opportunity to earn CPE credits
Non-Members: $174 per person (registration includes optional 1-year
NGMA membership + opportunity to earn CPE credit)
Prerequisites
Participants should have a foundational knowledge of federal grant requirements, including familiarity with 2 CFR 200 (Uniform Guidance) and general concepts related to allowable, allocable and reasonable costs. No advance preparation is required.
Who Should Attend
Grant Professionals, including Grant Specialists, Grant Administrators, Grant Managers, Program Officers, Grant Officers, Auditors
Program Level
Basic
Advance Preparation
None
Delivery Method
Group Internet Based
Special Accommodations
Individuals with disabilities are encouraged to attend NGMA events. If you require a reasonable accommodation in order to participate in this event, please contact info@ngma.org at least three weeks prior to the event.
Code of Conduct & Event Policies
Attendees of NGMA virtual events agree to NGMA’s virtual code of conduct.
Individuals with invoices over 90 days in arrears may be subject to suspension of membership.
For additional information or assistance with this event including cancellations, substitutions or other program concerns or information regarding administrative policies such as compliants, please email info@ngma.org.
For additional information or assistance with registration, email info@ngma.org.
National Grants Management Association 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 the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.