Grant Guidance and Internal Controls
Last week I conducted a training for the National Grants Management Association on internal controls and grantees (and grantors) responsibilities. While I know this topic is as glamorous and as exciting as it sounds, the Office of Management and Budget has put this front and center on their agenda (especially within the context of the Uniform Grant Guidance, or UGG). Essentially, government funding requires effective stewardship. How will this process be managed from a federal level and how can grantees implement this grant guidance? See my presentation HERE to find out more information.
This infographic from Thomson Reuters below provides some context about how lack of internal controls lead to waste and fraud.