Back to Basics: Time & Effort Requirements
For most federal programs, the single largest category of expenditures is salaries and wages. This means the biggest risk most grantees and subrecipients face relates to how federal funds are used to pay employees. The only way to mitigate this risk is with documentation supporting these salary and wage costs in line with the requirements of the Uniform Grant Guidance. This webinar will discuss the minimum rules to maintain time & effort documentations, as well as what flexibility exists in how such documents are maintained. In addition to discussing the specific rules, this webinar will also feature examples of compliant time distribution records and best practices for ensuring such records are supported by a system of internal controls ensuring costs are accurate and allocable to the federal program.
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
What Will You Learn?
By the end of the webinar, attendees will learn:
- What are the minimum rules for maintaining documentation on effort on federal programs.
- Who is required to keep time & effort documentation.
- What does the U.S. Department of Education expect regarding time & effort documentation.
- What are common pitfalls to avoid in maintaining time & effort records.
- How can grantees and subrecipients use the flexibility in the UGG to ease the burden of maintaining these records.
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.