2 CFR 200 Cost Principles

01/19/2026 |

Ensuring allowable costs is a must for federal grant recipients and subrecipients. We’ll explore key topics related to the financial/cost allowability side of grants management, including:

  • Grantee financial management system requirements
  • Key cost-related directives
  • The reliable framework to ensure allowable costs on your federal grants
  • Treatment of selected items of cost
  • Practical application of cost-related requirements for important grants management functions, including budget preparation, spending decisions/justifications, grant monitoring, audit/monitoring resolution and corrective action; and when prior approval is required for cost-related grant changes.