Management Concepts

Evaluating Financial Capabilities of Grant Recipients

Available dates

Dec 18—19, 2019
2 days
Washington, District of Columbia, United States
USD 849
USD 424 per day
Jan 23—24, 2020
USD 849
Feb 18—19, 2020
2 days
Washington, District of Columbia, United States
USD 849
USD 424 per day
+6 more options


Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with Management Concepts.

Full disclaimer.

About the course

Grant funders need tools and know-how to assess the financial capabilities of their recipients—before, during, and after a Federal grant award. The ability to know when and how to evaluate recipients, conduct risk assessments, and monitor activities through financial statements, audit reports, and cost analysis is vital to both a recipient’s success and yours. You will learn to apply effective methods and leverage the tools and resources to take on the responsibility of protecting grant funds.

Learning Objectives

  • Evaluate a recipient/subrecipient's management capabilities using audit reports and financial statements
  • Conduct a cost analysis of a grant budget
  • Perform a review of a recipient/subrecipient's business management systems
  • Recommend actions to protect grant funds

Course Topics

Evaluating Financial Capability

  • Determining When to Evaluate Financial Capability
  • Reviewing Financial Statements
  • Reviewing Audit Reports

Conducting a Cost Analysis of a Grant Budget

  • Introduction to Cost Analysis
  • Reviewing Direct Costs
  • Reviewing Indirect Costs
  • Matching Requirements and Program Income
  • Module Capstone

Reviewing Business Management Systems

  • Performing a Business Management Systems Review
  • Standards for Determining Adequacy
  • Module Capstone

Protecting Grant Funds

  • Deficiencies and Corrective Actions
  • Documenting Your Evaluation

Who should attend

Federal and pass-through entity personnel responsible for evaluating recipient financial activities and business acumen throughout the grants lifecycle will benefit from this course. Auditors and accountants who need a deeper understanding of financial reporting and compliance under 2 CFR 200 will also benefit.

Course reviews