Super Circular-Risk Assessment and Federal Grant Awards


Manage episode 274260885 series 2805164
Player FM과 저희 커뮤니티의 Kerretv Keetheeduh 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.
New grant regulations as outlined in the 2 CFR Part 200 Uniform Guidance (aka – Super Circular) call for federal agencies to establish a framework for the Risk Assessment of its funding recipients. Why? To reduce the risk of waste, fraud, and abuse of taxpayer dollars. Fortunately, the Super Circular provides guidance and tips on what to focus on. So what are the areas of risk? 1. Ability to meet management standards 2. Amount of self-monitoring in place 3. Evaluation of the application for funding opportunity, if applicable 4. Extend of new personnel or changed organizational structure 5. Past history of performance with federal award 6. Previously submitted required reports in a timely and accurate manner 7. Prior compliance with award terms and conditions 8. Quality of the management system 9. Results of audits or program reviews 10. Stability of financial operations

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