It is all about internal controls. Internal controls assure that more than one person reviews all financial transactions, and that more than one person is involved in any chain of events related to a transaction. When there is a single
New notes on 10% de minimus rate for indirect costs and Modified Total Direct Costs
A new FAQ is out for the overall regulations for spending of federal grant funds — Uniform Guidance found in 2 CFR 200 (and mirrors the regs from our HHS funder at 45 CFR 75 which have not yet been
Frequently Asked Questions about spending Federal Dollars
A new FAQ is out for the overall regulations for spending of federal grant funds — Uniform Guidance found in 2 CFR 200 (and mirrors the regs from our HHS funder at 45 CFR 75). You can find the full
Program Income
There are very specific rules (in Health and Human Services Uniform Administrative Requirements in 45 CFR 75) about program income, including the costs of generating income and how that income may be used. First, if your award (or approved budget)
Closing in on year-end — what you should do now
Your current federal Part C grants are winding down for the year. By September 29 you will have encumbered any remaining funds, or they will be absorbed back into the U.S. Treasury. (You won’t see them disappear from your account
As you purchase with federal funds…
With the influx of the CARES Act funds to Part C centers, you have been purchasing personal protective equipment, food, technology, internet or delivery services and more. Are you following your own procurement policies? And do they fall within the
How is your planning?
Remember the Program Performance Report (PPR) that you submitted the end of December? In one of those sections — Section 6.2.1 — you were required to “establish clear priorities through annual and 3-year program and financial planning objectives for the
Are Advertising and Public Relations costs allowed?
How can I distinguish between unallowable advertising and outreach? Can I call promotional giveaways outreach? While advertising is one of those categories that is on the list of those not allowed with federal funds, not all advertising is unallowable. Uniform
Are we required to have an independent audit?
While your small center is not required by your federal funder to conduct an annual audit, typically you are by other funding sources (check your contracts) and it is best practice for all. The only federally required audit kicks in
Dos and Don’ts of Drawing Funds
If your Center for Independent Living receives a direct grant from Health and Human Services through the Administration on Community Living, then someone in your organization draws down funds to be directly deposited in your CIL’s bank account. This process