Are You in Compliance with the Omni Circular Requirements for Your Federal Grants?

Registration*: Click here to register. Please RSVP by December 9.
*Please note that registration is required. 

Presenters: Barry Chait, Esq., Senior Manager and Brenda DeCosta, CPA, Partner, Marcum Accountants Advisors

As part of an effort to reform and strengthen Federal grant making, the Office of Management and Budget (OMB) published new guidance for the Federal award programs, OMB Uniform Guidance: Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, commonly referred to as the Omni Circular. The new guidance, published on December 26, 2013, was implemented on December 26, 2014.

By streamlining eight Federal regulations into a single, comprehensive policy guide, the government aims to better administer grants by decreasing the administrative burden for recipients and reducing the risk of waste, fraud and abuse. But what are the changes in the rules that affect nonprofits on the ground? Accounting experts Brenda DeCosta and Barry Chait  who led a seminar on this topic in June will offer a repeat presentation on an overview and parameters of the Omni Circular, and share practical tips for the nonprofits to become or remain compliant with the new rules.

A buffet of pastries, fruit, juices, coffee and tea will be available.

Co-Sponsors: Boston Private; Marcum LLP