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Roadmap of EDGAR and OMB Circulars NY Regional 21 st CCLC Training Sessions

Roadmap of EDGAR and OMB Circulars NY Regional 21 st CCLC Training Sessions. March 2011 By: Brustein & Manasevit www.bruman.com. 80.20(b) (p. 58) – Standards for Financial Management Systems 80.22 (p. 60) – Allowable Costs A-87 Basic Guidelines (p. 8) A-87 Composition of Cost (p. 10)

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Roadmap of EDGAR and OMB Circulars NY Regional 21 st CCLC Training Sessions

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  1. Roadmap of EDGAR and OMB CircularsNY Regional 21stCCLC Training Sessions March 2011 By: Brustein & Manasevit www.bruman.com

  2. 80.20(b) (p. 58) – Standards for Financial Management Systems 80.22 (p. 60) – Allowable Costs A-87 Basic Guidelines (p. 8) A-87 Composition of Cost (p. 10) 80.23 (p. 60-61) - Period of Availability of Funds 76.707 (p. 38) - When Obligations Are Made 76.708 (p. 39) - When Certain Subgrantees May Begin to Obligate Funds 76.710 (p.40) - Obligations Made During a Carryover Period are Subject to Current Statutes, Regulations, and Applications. Roadmap of EDGAR and OMB Circulars

  3. 80.32 (p. 67) - Equipment • 80.36 (p. 69) - Procurement • 80.42 (p. 79) – Retention and Access Requirements for Records • 76.730 (p. 42) – Records Related to Grant Funds • 80.40 (p. 76) – Monitoring and Reporting Program Performance • 80.43 (p. 80) - Enforcement • 76.401 (p. 19) – Disapproval of an Application – Opportunity for a Hearing Roadmap of EDGAR and OMB Circulars

  4. Appendix B to A-87 – Selected Items of Cost • Advertising (p. 1) (outreach) • Personnel Costs (p. 2 – salaries and wages p.6) • Meetings (p. 8) • Travel (p. 9) • A-133 – Single Audits • 210 (p. 1) – Subrecipient and Vendor Determinations • Comp. Supp. • 200 (p. 2) – Audit Requirements • 320 (p. 3) – Report Submission • Pass Through (p. 8) • 81.32 (p. 84) - Proportionality • Appendix to Part 81 (p. 86) – Illustrations of Proportionality • 81.33 (p. 84) – Mitigating Circumstances Roadmap of EDGAR and OMB Circulars

  5. QUESTIONS?

  6. This presentation is intended solely to provide general information and does not constitute legal advice. Attendance at the presentation or later review of these printed materials does not create an attorney-client relationship with Brustein & Manasevit. You should not take any action based upon any information in this presentation without first consulting legal counsel familiar with your particular circumstances. The Disclaimer!

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