[CAFR-Contacts-News] OMB Circular A-133 Training - December 9

[ROSS Kathryn * SCD SARS]

OMB Circular A-133 Fundamentals
A 90-minute Interactive Audio Conference 

________________________________

Tuesday, December 9, 2008
11:00pm to 12:30pm 

Course Description:

Accurately assessing the performance and administration of federal grant
programs has always been a tricky undertaking. But, one attribute is
increasingly being cited as one indicator that a recipient or
subrecipient of federal grants is being held accountable for its
handling of those public funds-a "clean A-133 audit." 

OMB Circular A-133 (Revised), Audits of States, Local Governments and
Nonprofit Organizations, has been the key federal government policy on
audit of federal grants and subgrants for more than a decade. But
understanding the fundamentals concerning the scope, objectives and
results of those "single audits" has never been as important as it is
now. Multiple factors align to make that true. Current bad economic news
and increased government intervention in the free market promise to
swell federal budget deficits in a way that guarantees unprecedented
oversight of federal grant programs and a weaning out of programs and
recipients that can't cut it. Meanwhile, independent auditors are under
more pressure than ever to demonstrate that they have properly performed
required tests of grant dollars, particularly in the aftermath of a high
profile study released by federal inspectors general that showed a high
percentage of annual Circular A-133 audits failed to meet applicable
auditing standards. In short, the stakes of coming through your A-133
audit with no findings have gone up at a time when the likelihood of
doing so has gone down. 


Learning Points and Questions To Be Answered:

This audio conference will provide a strategic briefing on the key
elements of OMB Circular A-133 and its role as a grants management tool.
Participants will learn:

*	Who is covered and how?
*	What federal awards must be included in the audit scope?
*	What other federal policies affect the audit?
*	What applicable standards and guidance apply?
*	What are the responsibilities of the "auditee"?
*	What are the responsibilities of federal agencies?
*	What are the responsibilities of the "pass-through entity"?
*	What is the responsibility of the auditors and what will they be
looking for?
*	What are the audit "deliverables" and how should they be used?

Level: Intermediate

Bob Lloyd is a respected authority on federal policies affecting the
acquisition, administration, and audit of federal grants and contracts.
The former executive director of the Grants Management Advisory Service,
Mr. Lloyd has more than 35 years of experience in federal award
implementation and oversight. Since forming his own management
consulting practice in Washington DC in 1982, he has served as a
consultant, trainer or advisor to management or audit units in fifteen
major federal award making agencies and to grantee, subgrantee, and
independent audit organizations located in all fifty states, the
District of Columbia, several U.S. territories and seventeen foreign
countries. A long time instructor with the federal Government Audit
Training Institute, he received its faculty excellence award for the
development of courses on federal grant auditing and has delivered
scores of training sessions of the topic. Mr. Lloyd also served as the
principal author of the Thompson Publishing Group's Single Audit
Information Service. 

To learn more about Bob Lloyd, click here!
<http://xsuite.thompson.com/SF_Module/pr_e.cfm?m=653656.12857.197052> 

Registration Includes: 

*	Admittance to the 90-minute call for as many people as you can
fit in a room with a speakerphone 
*	Access to the specially created presentation handouts (available
48 hours in advance) 
*	Participation in the 30-minute, live Q&A with the speaker
following the presentation 
*	Certificates of attendance for all audio conference attendees

Attendees Who Will Benefit From This Audio Conference Include:

*	Finance Directors
*	Revenue Administrators
*	Accounts Payable Staff
*	Grants and Subgrant Managers
*	Program Managers
*	Awarding Agency Officials
*	Independent Auditors 

And remember, when you attend this live audio conference and complete a
short post-conference survey (a NASBA requirement), you're eligible for
1.5 CPE credits! 

 

Registration Information:

Date:               Tuesday, December 9, 2008

Time:              11:00 a.m. - 12:30 p.m. 

Location:         Department of Administrative Services

                        General Services Building

1st Floor, Mt. Neahkahnie Conference Room 

1225 Ferry St.

Salem, OR

Cost:               FREE (sponsored by SCD)

CPE:               1.5 credits

To register:     SEATING IS LIMITED TO 30 PEOPLE.  If you are interested
in attending, please sign-up early by sending an email to
SCD.REGISTER at state.or.us.  The following information should be included
in the text of your email:

1.      Name and date of training (enter in subject line of message)

2.      Attendee name

3.      Agency name and address

4.      Email address

5.      Telephone number

 

If you have any questions, please call Erin Haney at 503-378-3156 ext.
277.

 

 

 

 

 <http://xsuite.thompson.com/SF_Module/open_rate.cfm?v=653656.12857> 

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