Benefits of Maintaining Records | Team-BMG Nonprofit School

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Mastering Grant Compliance: A Comprehensive Guide

Introduction

Overview of Grant Compliance (0:41)

Indirect Cost Overview

Introduction to Indirect Costs (0:32)
Understanding Indirect Cost Rates (0:32)
Necessity of an Indirect Cost Rate (0:32)
Options for Obtaining an Indirect Cost Rate (0:45)
Indirect Cost Reminders (0:45)
Centralized Indirect Cost Rate Process (0:33)

Accounting Policies Overview

Importance of Accounting Policies (0:23)
Required Accounting Policies (0:58)
Benefits of Accounting Policies (0:27)
Grantee Reminders for Accounting Policies (0:42)

Personnel Policies Overview

Introduction to Personnel Policies (0:24)
Required Personnel Policies (0:42)
Personnel Records Management (0:25)
Grantee Reminders for Personnel Policies (0:35)

Allowable Costs

Introduction to Allowable Costs (0:20)
Criteria for Allowable Costs (1:00)
Financial Management System Standards (0:27)
Grantee Reminders for Allowable Costs (0:33)

Recordkeeping Policies Overview

Importance of Recordkeeping (0:15)
Required Records and Retention Periods (0:26)
Benefits of Maintaining Records (0:22)
Grantee Reminders for Recordkeeping (0:34)

Compliance Overview

Required Compliance Certifications (0:15)
Consequences of Non-Compliance (0:22)
Avoiding Non-Compliance (0:25)
Objections, Hearings, and Appeals (0:23)

Audit Requirements Overview

Understanding Audit Requirements (0:13)
Organizational Responsibilities (0:18)
Audit Requirement Reminders (0:21)
Preparing for Audits (0:21)

Financial & Performance Reporting Overview

Reporting Requirements (0:13)
Periodic Financial Report (PFR) (0:22)
Periodic Performance Reports (PPR) (0:25)
Grant Closeout and Non-Compliance Consequences (0:23)

Payment Overview

Overview of Payment Methods (0:19)
Advance Payments (0:23)
Reimbursement Payments (0:20)
Working Capital Advance Payments (0:18)

Equipment and Property Management Overview

Overview of Equipment and Property Management (0:24)
Acquisition and Management of Equipment (0:22)
Equipment Disposition Procedures (0:25)
Best Practices for Equipment and Property Management (0:25)

Procurement Overview

Overview of Procurement Processes (0:24)
Procurement Planning (0:21)
Methods of Procurement (0:20)
Procurement Documentation (0:25)

Course Quiz

Quiz

Course Completed

Congratulations! (0:45)

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Benefits of Maintaining Records

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