# Auditing Grants Course (Self-Paced) Canonical URL: ## Overview Understand the full grants management process, the current regulatory requirements (OMB Revised 2022 Guidance) governing grants, and the role of auditors in developing strategies for assessing compliance and performance. Learn to develop audit objectives and procedures to identify issues and recommendations for constructive feedback, corrective action, and accountability. Learn the stages of effective grants management from award, monitoring, audit, and close-out. Become skillful at implementing strategies for auditing, application of cost principles, performance measurement, and reporting through each of the grant stages by applying those strategies in case studies. ## What you'll learn - Explain the full grants management process and current regulatory requirements governing grants. - Identify the role of auditors in providing guidance and feedback to grants managers. - Describe the role of auditors in providing audit recommendations, assistance, and other constructive feedback to grants managers. - Identify options for audit objectives and procedures that are achievable and will provide timely, useful information. - Identify issues beyond compliance that need to be audited. ## Curriculum #### Module 1: Introduction to Auditing Assistance Agreements (Grants and Cooperative Agreements) - Understand the differences between grants and cooperative agreements - Identify key laws, regulations, and policies governing federal assistance - Explore roles and responsibilities of awarding agencies and recipients - Define the scope and objectives of grant audits #### Module 2: Phases of the Assistance Agreement Process - Review pre-award, award, and post-award phases of assistance agreements - Understand the role of Notices of Funding Opportunities (NOFOs) - Identify common compliance risks and internal control challenges - Learn how grants management affects audit focus and findings #### Module 3: Uniform Administrative Requirements for Grants and Cooperative Agreements - Explore 2 CFR Part 200 (Uniform Guidance) and related federal regulations - Understand cost principles, allowable/unallowable costs, and procurement rules - Apply internal control standards and audit requirements for federal awards - Recognize responsibilities of pass-through entities and subrecipients #### Module 4: Developing an Audit Program - Design audit steps tailored to the grant objectives and risks - Develop audit objectives based on compliance, performance, and financial criteria - Select testing methods and sampling techniques appropriate for grant audits - Identify audit red flags and common pitfalls in assistance agreements #### Module 5: Practical Exercise - Apply concepts to a simulated grant audit case - Develop and document audit findings with evidence and criteria - Write recommendations based on audit conclusions - Present audit results in a structured, standards-compliant format ## Pricing **Tuition:** $1050