The April 4, 2024, updates to the Uniform Guidance at 2 CFR 200 are consistent with OMB’s promise to regularly update the Guidance. It's a refreshing change from the earlier sets of grant administration rules that were often left untouched for years, if not decades. Among the major updates are: equipment thresholds; a revised definition of MTDC, along with an increase in the de minimis rate to 15%; an increased single audit threshold; expanded self-reporting obligations; and cybersecurity requirements, to name just a few.
Your speakers will review the Guidance changes, why they are important, how they may (or may not) be helpful, and what impact they may have on your grant-funded operation.
Learning objectives:
- Explore the changes made to the Uniform Guidance.
- Discuss how these changes impact how your organization does business.
- Discuss what your expanded reporting obligations will be moving forward.
- Discuss the impact these changes have on agency-specific grant rules.
Presenters
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Tiffany Kesslar, Esq., CGMS The Bruman Group, PLLC
Edward “Ted” Waters Feldesman Leifer LLP
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Recorded June 2024