The workshop will discuss financial and operational compliance risks and offer possible strategies to mitigate the risk. Using a combination of the personal experiences and OIG audit reports, this interactive workshop will rely on audience participation and proven strategies to provide participants with alternatives for reducing risk in financial compliance. In addition to describing current audit environment and recent university audits, specific compliance topics covered will include cost principles, effort reporting, cost transfers, cost allocation, and subrecipient monitoring.
Participants should have a working knowledge of financial compliance and audit issues. In addition, participants are encouraged to bring current examples that can be discussed openly.
Advanced