Exploring the Revised Procurement Standards
Total Credits: 2 including 2 Accounting (Governmental) - Technical
- Average Rating:
- 97
- Categories:
- Accounting and Auditing | ACPEN Industry Institute | Grant Compliance and Management
- Faculty:
- Paul H. Calabrese
- Course Levels:
- Intermediate
- Duration:
- 2 Hours
- License:
Description
The Uniform Guidance (2 CFR 200) is revised effective November 12, 2020. The greatest changes occur to the procurement standards and particularly he methods of procurement. A delineation between the informal and formal procurement processes is the threshold for competition. The ability to increase the Micro Purchase Threshold (MPT) and limitation on the Simplified Acquisition Threshold (SAT) requires a careful look at this OMB update to the Uniform Guidance.
Basic Course Information
Learning Objectives- Understand the critical updates to the Uniform Guidance
- Compare the precise language changes for the various policies and procedures
- Learn the key updates organized by each revised topic
- Ability to take action to enhance an organization’s existing procedures to conform to this important update
Major Subjects
- New and revised definitions
- New cost principle
- New prohibitions
- New procurement preferences
- New approach to determining the MPT and SAT based on risk and internal controls
- Defining the “floor” for the monetary level for sole source procurements
- The flexibility that no “one-size-fits-all” procurement standards
Course Materials
| Important CPE Credit Information_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase | ||
| Procurement Standards_Slides (7.5 MB) | Available after Purchase | ||
| Exploring the Revised Procurement Standards_Q&A (15.1 KB) | Available after Purchase | ||
Faculty
Paul H. Calabrese Related Seminars and Products
Principal, Outsourced Accounting & Advisory Services
Gelman, Rosenberg & Freedman
Mr. Calabrese has hands-on experience with the Uniform Guidance for Federal grants recipients: nonprofits, universities, hospitals, and state/local/tribal units of governments. His skill-set involves: grant cost accounting, sub-recipient monitoring, preparation of over (100) indirect rates / NICRA for several Federal agencies, developed policies and procedures, medical management systems invoicing to state Medicaid agencies and toolkit for unit cost rates for Ryan White HIV AIDS HRSA awards. Paul has developed grant and financial statement dashboards. He has performed out-sourced CFO duties, annual budgets, cash flow projections, grant draws and budget monitoring.
Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For Public Accountants, Consultants, Government Contractors and Awardees of Federal Grants and Cooperative Agreements which include: nonprofits, institutes of higher education, hospitals, Federal, state, local and tribal units of government.
Original Recording Date 11/15/2021
Yellow Book Yes
Course Developer Paul Calabrese
Date Added to Catalog 10/12/2021
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Reviews
| 5 |
|
| 4 |
|
| 3 |
|
| 2 |
|
| 1 |
|