Annual Update on the 2024 Revised Uniform Guidance And Time & Effort Reporting
Total Credits: 2 including 1 Accounting (Governmental) - Technical, 1 Auditing (Governmental) - Technical
- Average Rating:
- 0
- Categories:
- Accounting and Auditing | ACPEN Industry Institute | Industry | Yellow Book
- Faculty:
- Paul H. Calabrese
- Course Levels:
- Update
- Duration:
- 2 Hours
- License:
- Expires 30 day(s) after program date.
Description
The Uniform Guidance (2 CFR 200) pertains to the management of Federal Financial Assistance for grants and cooperative agreements. The Biden Administration has performed a comprehensive update where the revised Uniform Guidance was released in April 2024. We will review all of the significant compliance and threshold changes. In addition, we will provide a brief presentation of the revised guidance as it pertains to Time and Effort reporting.
Basic Course Information
Learning Objectives- Review the specific changes to the citation language pertaining to the definitions
- Disclose the updated and increased threshold amounts
- Understand impactful changes to the post award requirements and cost principles
- Provide an update on crucial time and effort reporting
Major Subjects
- The definitions in 2 CFR 200.1 are the building blocks of the regulation and so we will provide you the impactful revisions to the citation language
- This session will provide you the precise wording changes, showing parts that were changed or new requirements that were added
- We will discuss universal wording changes as well as the effective date for implementation
- We will discuss impactful changes and how it will affect compliance
- The session will cover a new requirement for whistle blower protection
- We will discuss a unique insight of how time reporting is a claim and how claims can have detrimental consequences if not aware
- What should an organization do if they did not keep time records for a grant
- A "war" story when a university did not take the time reporting requirements seriously
Course Materials
Important CPE Credit Information_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase |
Annual Update on the 2024 Revised Uniform Guidance And Time & Effort Reporting Handout (4.4 MB) | 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.
Dates
Sat, May 24, 2025 - 9:00 AM to 10:49 AM CDT
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Sat, May 31, 2025 - 9:00 AM to 10:49 AM CDT
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Wed, Jun 18, 2025 - 11:00 AM to 12:49 PM CDT
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Fri, Jun 27, 2025 - 11:00 AM to 12:49 PM CDT
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Tue, Jul 15, 2025 - 11:00 AM to 12:49 PM CDT
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Sat, Jul 19, 2025 - 1:00 PM to 2:49 PM CDT
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Tue, Aug 05, 2025 - 11:00 AM to 12:49 PM CDT
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Sat, Aug 16, 2025 - 1:00 PM to 2:49 PM CDT
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Tue, Aug 26, 2025 - 11:00 AM to 12:49 PM CDT
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Tue, Sep 16, 2025 - 11:00 AM to 12:49 PM CDT
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Sat, Sep 20, 2025 - 1:00 PM to 2:49 PM CDT
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Tue, Oct 07, 2025 - 11:00 AM to 12:49 PM CDT
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Sat, Oct 18, 2025 - 1:00 PM to 2:49 PM CDT
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Tue, Oct 28, 2025 - 11:00 AM to 12:49 PM CDT
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Sat, Nov 15, 2025 - 1:00 PM to 2:49 PM CST
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Tue, Nov 18, 2025 - 11:00 AM to 12:49 PM CST
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Tue, Dec 09, 2025 - 11:00 AM to 12:49 PM CST
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Sat, Dec 20, 2025 - 1:00 PM to 2:49 PM CST
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Tue, Dec 30, 2025 - 11:00 AM to 12:49 PM CST
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Sat, Jan 17, 2026 - 1:00 PM to 2:49 PM CST
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Tue, Jan 20, 2026 - 11:00 AM to 12:49 PM CST
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Tue, Feb 10, 2026 - 11:00 AM to 12:49 PM CST
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Sat, Feb 21, 2026 - 1:00 PM to 2:49 PM CST
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Tue, Mar 03, 2026 - 11:00 AM to 12:49 PM CST
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Sat, Mar 21, 2026 - 1:00 PM to 2:49 PM CDT
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Tue, Mar 24, 2026 - 11:00 AM to 12:49 PM CDT
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Tue, Apr 14, 2026 - 11:00 AM to 12:49 PM CDT
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Sat, Apr 18, 2026 - 1:00 PM to 2:49 PM CDT
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Tue, May 05, 2026 - 11:00 AM to 12:49 PM CDT
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Sat, May 16, 2026 - 1:00 PM to 2:49 PM CDT
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Tue, May 26, 2026 - 11:00 AM to 12:49 PM CDT
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Tue, Jun 16, 2026 - 11:00 AM to 12:49 PM CDT
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Sat, Jun 20, 2026 - 1:00 PM to 2:49 PM CDT
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Additional Info
Basic Course Information
Prerequisites A basic familiarity with the Uniform Guidance regulationAdvanced Preparation None
Designed For Public accountants performing Single audits; consultants helping clients that have grants and cooperative agreements; nonprofits; institutes of higher education; state, local and tribal units of government; grant administrators; legal; accounting personnel; as well as principal investigators or program managers; and technical grant writers
Original Recording Date 05/20/2024
Yellow Book Yes
Course Developer Paul Calabrese
Date Added to Catalog 05/20/2024
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.