Washington, DC (PRWEB) June 27, 2013
Federal grant auditors usually speak in acronyms and terms that most individuals dont realize. In “Can You Speak ‘Auditese’? A Guide for Nonfinancial Personnel in Federally Funded Organizations,” an upcoming July 9 webinar sponsored by Federal Fund Management Advisor, federal grants professional Bob Lloyd will translate “auditese” into understandable laymans terms, providing nonfinancial personnel an overview of important auditing standards, objectives and procedures that are crucial in receiving an organization audit-prepared and to assist forge a a lot more powerful partnership among financial offices and the rest of the organization.

The subjects to be discussed include:

The two prongs of federal audit policy: For federal and nonfederal audits
Economic audit objectives: Accuracy, internal handle and compliance
Efficiency audit objectives: Economy, efficiency and plan outcomes
Audit requirements: What are they? Who concerns them? Why are they critical?
Audit criteria: Laws and regulations, and accepted and ideal practices
Audit method: All the events in the life of an audit
Audit results: Opinions, reports, findings and recommendations
Following the audit: How to use audits to improve administration and efficiency of federal grants and subgrants
Visit http://federalfundmanagement.com/webinars/wg316_070913 for more information and registration information.

Bob Lloyd is a respected authority on policies and practices affecting the award, administration and oversight of federal grants, contracts and subawards. Mr. Lloyd has far more than 40 years of knowledge in federal award implementation. Prior to starting his management consulting practice in Washington, D.C., in 1982, he served as the executive director of the Grants Management Advisory Service and held staff positions in two massive federally funded organizations. Considering that then, he has been a consultant, trainer or advisor to award and audit units in 16 federal award-producing departments and agencies, and to recipient and subrecipient organizations and their expert advisors positioned in all 50 states, the District of Columbia, several U.S. territories and 18 foreign countries. He is the principal author of many reference works on federal grants management and audits, and at present serves as contributing editor to Federal Grants News and Federal Auditing News, published jointly by Atlantic Data Services and NACUBO. He also is a Charter Life Member of the National Grants Management Association and served on its Board of Directors for five years.

Attendees of the Live Webinar can earn up to 1.5 CPE credits.

Federal Fund Management Advisor is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing expert education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of person courses for CPE credit. Complaints with regards to registered sponsors may possibly be submitted to the National Registry of CPE Sponsors by means of its website: http://www.learningmarket.org.

About Federal Fund Management Advisor

Federal Fund Management Advisor is an organization that sponsors Federal Funding webinars and delivers free of charge Federal Funding E-Techniques. Go to http://www.FederalFundManagement.com to study the most current E-Technique, “‘Man Bites Dog’: An Internal Control Lesson for Grantees.”