Course Information
Assessing Compliance Risk in Public Sector Grants and Building a Monitoring Plan
Course Description
2 CFR 200.331(a) requires Prime Grantees who receive federal funds to perform a risk assessment for all subrecipients of the federal funds prior to award. In the 2018 AGA Grant Survey respondents indicated a struggle with developing Risk Assessments as well as staff and resources to execute an annual process. This session will help Prime Recipient Grant Auditors understand the Uniform Guidance requirements and explore potential ways to cultivate a risk assessment from existing data and develop a monitoring plan.
Course Objectives
Upon completion of this course, participants will be able to:
• Explore 2 CFR 200 Section 200.331(a) requirements for assess Subrecipient non-compliance risk prior to grant award
• Examine ways to cultivate a risk assessment from existing data
• Learn how to develop a Monitoring Plan based on the risk assessment
Course Description
2 CFR 200.331(a) requires Prime Grantees who receive federal funds to perform a risk assessment for all subrecipients of the federal funds prior to award. In the 2018 AGA Grant Survey respondents indicated a struggle with developing Risk Assessments as well as staff and resources to execute an annual process. This session will help Prime Recipient Grant Auditors understand the Uniform Guidance requirements and explore potential ways to cultivate a risk assessment from existing data and develop a monitoring plan.
• Explore 2 CFR 200 Section 200.331(a) requirements for assess Subrecipient non-compliance risk prior to grant award
• Examine ways to cultivate a risk assessment from existing data
• Learn how to develop a Monitoring Plan based on the risk assessment
Instructors
Mara Ash, CIA, CGAP, CGFM, CMRA; Senior Partner and CEO, has over 25 years of operational and audit experience in the government and private sectors, would be ultimately responsible for the execution of this contract, all work, reports and quality of services rendered. Her career includes senior finance and consulting positions serving government agencies at all levels of government – federal, state, and local. Her unique experience with both public and private sectors brings a wealth of knowledge and innovation which enables BFS to provide cost-effective, innovative solutions. Her expertise covers the crucial elements of business and financial operations that create strategic alignments, enhance transparency, cultivate sustainable growth, and ensure compliance.
She is a federal compliance and grants expert, with in-depth experience building programs and processes that align agency objectives with regulatory requirements. She is a member of the Institute of Internal Auditors (IIA) and the Association of Government Accountants (AGA), where she has held various leadership positions. She currently serves as the Chairman of the Board of the Institute of Internal Auditors Public Sector Audit Committee. Mara believes in success built on efficiency, effectiveness, and transparency. Her goal is to help organizations improve service delivery, ensure compliance, enhance transparency, and reduce costs.
Additional Information
TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.
To see answers to our Frequently Asked Questions, visit http://www.sao.texas.gov/training/faq.html.