General Cost Principles of Federal Government Grants
Course Description
Sefton Boyars is joined by Bill Allen for this two-hour class on general cost principles of federal government grants. General cost
principles are the rules that govern if any cost is acceptable to be charged to
a federal grant. The course will cover everything from identifying the “big
three” general cost principles, the Prudent Person Rule, requirements for the
arms-length bargaining, and judging whether a cost is allowable. It will
provide you with the knowledge of grantee and pass-through organizations,
federal grant personnel, and auditors of federal grant programs.
Learning Objectives
Upon successful completion of this course, participants will
be able to:
- Identify
the general cost principles - Identify
the Prudent Person Rule as it applies to the general cost principles - Identify
the requirement for arms-length bargaining - Identify
whether a cost is allocable to a federal award - Identify
the “big three” general cost principles - Determine
whether a cost is allowable under the general cost principles
Additional information
Advanced Preparation | |
---|---|
Audience | |
Course Author | |
Credit/Hours | |
Delivery Method | |
Field of Study | |
Instructional Method | |
Knowledge Level | |
Program Prerequisites | |
Published Date |
$19.99
Aceitcpe.com is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
The Authors
Sefton Boyars, CPA (Ret.), CGFM (Ret.),
William T. Allen, CPA (ret.)