Uniform Guidance Cost Principles FLEXCAST
Available Until
Your Desk
6.0 Credits
Member Price $98.00
Non-Member Price $113.00
Overview
This governmental auditing CPE course offers a comprehensive exploration of the uniform cost principles applicable to state and local governments and nonprofit organizations, as outlined in Subpart E of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Participants will learn to differentiate between principles applicable to various organizations, define key government regulators, and sequence the layers of rules governing grants. The governmental auditing CPE also provides in-depth knowledge on judging the allowability of specific cost items per cross-cutting principles, detecting violations of these principles, and distinguishing between direct and indirect costs. By understanding the nuances of cost allowability, participants will gain the ability to clarify compensation charges, professional service costs, and legal costs that are allowable under a federal award. The audit CPE course also covers the treatment of services donated in support of a federal award, recovery of building and equipment costs, and the distinction between allowable and unallowable costs in various scenarios. This course is not just about theoretical learning; it equips participants with practical tools and understanding necessary for effective compliance and financial management within their organizations.
Highlights
2 CPR 200, Subpart E - general principles and basic premises. Test of cost allowability. Composition of costs. Selected items of cost. Compensation for personal services. Costs for services. Buildings and equipment costs. Additional selected items of cost.
Prerequisites
None.
Designed For
Professionals in government and public accounting.
Objectives
Differentiate between principles applicable to state and local governments and nonprofits. Define key government regulators and their related acronyms. Sequence the four layers of rules governing grants. Judge whether an item of cost is allowable per the cross-cutting principles, and more.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Sefton Boyars, Sefton Boyars CPA
Until his retirement in October 1996, Mr. Boyars had functioned as the Department of Education’s Regional Inspector General for Audit in Regions IX and X for sixteen years. During his 35-year career, Mr. Boyars worked for a variety of governmental audit agencies, including the Internal Revenue Service; the Department of Defense; Health, Education and Welfare; the U.S. Department of Education and a California county. Mr. Boyars is active in his profession. He is a member of the California CPA Society and currently serves as the Chair of his chapter’s Government Accounting and Auditing Committee and is a member of the State Government Accounting and Auditing Committee. He also sits on the Qualifications Committee of the California State Board of Accountancy. He is a past Chair of the Western Intergovernmental Audit Forum and often served as chair or co-chair of its subcommittees and roundtables. Mr. Boyars is a past President of the San Francisco chapter of the Association of Government Accountants. He continues his active participation in his local Chapter. Mr. Boyars is an experienced trainer and has taught for many organizations, including the U.S. Department of Education, Management Concepts, the Republic of the Marshall Islands, the California State Controller, the California Association of State Auditors, the Los Angeles City Controller and the Association of Government Accountants. He received AGA’s National Education and Training Award for 1998.
Non-Member Price $113.00
Member Price $98.00