Subrecipient Monitoring under Uniform Guidance (Completed)
Date: Thursday, September 16, 2021
Instructor: Diane Edelstein
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
Passthrough entities have specific requirements under Uniform Guidance (UG). We will discuss these requirements to monitor subrecipients. The updates to UG in November of 2020 has renumbered the section on Requirements for pass-through entities to section 200.332. There have also been updates to this section. We will look at the definitions of a sub-recipient and a contractor and review section 200.331 - Subrecipient and contractor determinations. We will then discuss the risk assessment considerations and look at monitoring best practices.
Who Should Attend
This session is for non-federal entities that have subrecipients and for auditors.
Topics Covered
- Specific passthrough entities requirements under UG
- How to determine who is a subrecipient
- Definitions of a sub-recipient and a contractor
- Review section 200.331 - Subrecipient and contractor determinations
- Risk assessment considerations and look at monitoring best practices
Learning Objectives
- Recognize the additional role of the passthrough entity to do subrecipient monitoring
- Recognize how to determine who is a subrecipient
- Describe a sub-recipient and contractor
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Auditing (Governmental) (2 hours)
Program Prerequisites
None
Advance Preparation
None
