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Springfield Illinois: nVision with NGMA October 2018
Tuesday, October 23, 2018, 8:30 AM - 4:00 PM CDT
Category: Chapter Events

Springfield, Illinois: nVision with NGMA

Tuesday, October 23  8:30am - 4pm

 

NGMA’s Executive Director, Shelly Slebrch is Coming to Springfield!

     
 

ALL grant professionals are
invited to NGMA’s FREE
Springfield nVISION visit!


Lunch will be provided by Capital Edge Consulting,
Crowe LLP, and eCivis.

Attendees should come prepared to:

  • Meet other grant professionals through a fun group ice breaker
  • Hear about NGMA’s newest member benefits, grant training resources and programs
  • Gain insight about current federal initiatives and discussions
  • Participate in an open forum to better your local Chapter and NGMA programming

PRESENTATIONS:

High Risk Compliance Areas and Best Practices for Grants Management

Presented by Dan Durst, Manager, Capital Edge Consulting

Oversight of federal programs has intensified since the introduction of Uniform Guidance and organizations are still adapting to the compliance requirements. Single Audit findings suggest that organizations are still struggling with cost allocation, time and effort reporting, subrecipient monitoring, and procurement. In this discussion we will touch on each of the high risk compliance areas and review best practices to help organizations avoid costly audit findings.


Vendor vs. Subrecipient Determination

 
Presented by Carol Kraus, CPA, Grant Accountability and Transparency Unit, Governor's Office of Management and Budget, Illinois and Chris Mower, CPA, Crowe LLP
 
Is this a vendor or subrecipient relationship? The presentation will review the characteristics of a Vendor and Subrecipient and provide actual examples of using the Association of Government Accountant’s questionnaire as well as documenting the rationale used to make the final determination.

 
Understanding Indirect Cost and True Cost and the Impact on Grants

 Nicolie Lettini, MBA, VP of Indirect Services, eCivis, Inc.
 
With the Uniform Grants Guidance in full effect knowing and understanding your true cost has never been so important. What is the difference of indirect cost and direct cost? How do you calculate your indirect cost to assure your maximum reimbursement? Does it really matter now with the 10% de-minus? The answer is yes! During this session, we will discuss and work through a case study on Indirect Costs, the different methods of calculating it, what it means as it relates to grants and how it can affect the sustainability of your organization and the impact you can achieve. We will also talk about how with the Uniform Grant Guidance knowing your true cost can affect your risk assessment in a positive way.

 
Audit Requirements
 
Presented by Carol Kraus, CPA, Grant Accountability and Transparency Unit, Governor's Office of Management and Budget, Illinois and Chris Mower, CPA, Crowe LLP
 
The presentation will focus on Illinois Financial and Single Audit Requirements, the GATA Audit Report Review Management System, Corrective Action Plans and Cooperative Audit Resolution.




Learning Objectives:

  • Review and Discuss Actual Recent Single Audit Findings
  • Identify High Risk Compliance Areas
  • Review and Discuss Best Practices for Grants Management in High Risk Areas

REGISTER TODAY!

 

  

  AGENDA
  8am Registration  
  8:30am-9:30am Welcome, NGMA Updates, and Chapter Development Discussions by Shelly Slebrch, NGMA Executive Director  
  9:30am-10:30am High Risk Compliance Areas and Best Practices for Grants Management
by Capital Edge Consulting
 
  10:30am-10:45am Break  
  10:45am-12pm Vendor versus Subrecipient Determination by Carol Kraus and Chris Mower  
  12pm-1pm Lunch provided by Capital Edge Consulting, Crowe LLP and eCivis
 
  1pm-2pm Understanding Indirect Cost and True Cost and the Impact on Grants by Nicolie Lettini  
  2pm-2:15pm Break  
  2:15pm-3:15pm Audit Requirements by Carol Kraus and Chris Mower  
  3:15pm-4pm Finalize Springfield, Illinois Chapter Development Meeting  


This event is open to all grant professionals. If you need additional information or need assistance with registration, please contact Kelli Klepic at [email protected] or (202) 997-9982.

 


Location

Illinois Department of Transportation

Harry Hanley Building
2300 S. Dirksen Parkway
Springfield, IL 62764

Meeting will be in the Auditorium
Parking is free.

GOOGLE MAP

Questions


For questions regarding the NGMA Event, please contact Kelli Klepic at [email protected] or (202) 997-9982.   

Details

Date
:
Tuesday, October 23 (8:00am registration opens)
Time: 8:30 am - 4 pm
Event Categories: Chapter, Chapter Event



 

 

 

 


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.