Event
Virtual
SMART 3.0 Series: Payments and Cash Management
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About
Intended Audience: All Formula and Competitive Award Grant Recipients.
Presenter(s)
Charlie Watts, Accountant, U.S. Department of Labor, Employment and Training Administration, Region 4
Tom DiLisio, Senior Accountant, U.S. Department of Labor, Employment and Training Administration, Region 6
This module focuses on the Uniform Guidance requirements for payments and the general principles of proper cash management, including internal controls, improper payments, and interest income. It will discuss key changes in processing payments between the Federal awarding agency and direct grant recipients, and then move to the payment process between direct grant recipients and subrecipients. Finally, presenters will review handling of cash-like items of tangible value such as debit cards and ATM pins and provide insight into mistakes sometimes found in cash management procedures.
Materials
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- Last Updated:
- Created:
- Posted by: Wesley Peterson
- Posted in: Global