Virtual Training

2020 OMB Compliance Supplement: Understanding the Single Audit Playbook

September 15, 2020

1:00 pm EST


Course Description:

Each year, the Office of Management and Budget (OMB) releases the OMB Compliance Supplement. This document provides auditors with the necessary guidance for conducting Single Audits of federal programs for all non-federal entities that expend $750,000 or more in federal funds in a year. Among other things, the Compliance Supplement includes definitions and descriptions of all compliance requirements, ways to test internal controls, and specific areas of focus for various federal programs.

This virtual training will discuss relevant changes to the 2020 Supplement, released on August 14, including relevant language regarding time & effort reporting, applicability of compliance requirements to major federal education programs, and the impact of COVID-19 and related grants. As this Compliance Supplement is the guide book auditors will use for the coming year, it is important for all federal program administrators at non-federal entities to be familiar with the changes and relevant language included in this year’s edition.

COSTS

$245.00 for Live Virtual Training

$245.00 for Online Recording (available via internet)

$350.00 for both Live Virtual Training and Online Recording

GROUP REGISTRATIONS

10+ Attendees qualify for a 10% group discount. For assistance with group discounts, email us at webinars@bruman.com.

CANCELLATION POLICY & REFUNDS

Cancellations must be submitted in writing to webinars@bruman.com at least 48 hours prior to any virtual training to receive a full refund.

PAYMENT

Payment can also be made with a check or purchase order.  Payment and registration are separate processes.  You must also register for the specific webinar you wish to attend.

Who Will Benefit?

This webinar is of value to all federal granting agencies, federal grant recipients, and everyone who works with federal grants, including:

  • Grant and program administrators
  • Grant program staff
  • State, district and school personnel
  • Program monitors
  • Auditors

What Will You Learn?

Attendees will:

  • The purpose of the OMB Compliance Supplement and its relevant sections.
  • Important changes in the 2020 editions of the Supplement.
  • The different compliance requirements included in the Supplement, and which requirements apply to the major federal education programs.
  • Relevant language regarding time & effort reporting and how it might affect guidance from the federal agencies.
  • The approach the Supplement is taking on COVID-19 relief programs.

CPE Information

LIVE VIRTUAL TRAINING CREDITS:

1.5 CPE Credits awarded upon completion of the virtual training (as verified through attendee participation checks throughout the webinar) and post-conference survey.*

WHERE:

Home (or home office), office, conference room, etc. per internet connection

DURATION:

75 minutes of presentation then time for questions (no longer than 90 minutes total)

ONLINE RECORDING CREDITS:

NEW! Attendees can now receive 1.5 CPE credits for watching a recorded virtual training! In order to verify attendance, attendees must complete a certification form, which is confirmed by the firm. In order to conduct our verification, the attendee requesting CPEs must be the registered attendee that purchased the recording. If you are interested in obtaining CPEs for this recording, please contact us at webinars@bruman.com for more information.

NASBA has approved this flexibility through December 31, 2020.

RECOMMENDED FIELD OF STUDY:

Specialized Knowledge – Technical

PROGRAM KNOWLEDGE LEVEL:

Overview

ADVANCED PREPARATION:

None

DELIVERY METHOD:

Group-Internet Based, Group Live

The CPE credit(s) may be accepted as continuing legal education credits or other applicable credits in your state; however, attendees are responsible for their own credit approval and for meeting any state requirements. Brustein & Manasevit, PLLC makes no guarantee or assurance that the CPE credits received will apply to any other program or state requirements.

Brustein & Manasevit, PLLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education (CPE) 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: http://www.learningmarket.org.