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Overview of Federal Assistance Uniform Guidance

This On-Demand Learning Course is designed to explore the essential principles of federal assistance uniform guidance (UG), cost principles, and allowable costs. This course provides guidance and compliance requirements associated with federal financial assistance, which can make accounting and financial reporting complex for state and local governments. You will get the opportunity to learn about this topic, apply the information, and get feedback on your application.

Learning Objectives:

  1. Determine the sources of requirements governing U.S. federal financial assistance for state and local governments.
  2. Identify where Uniform Guidance may be found and which subparts are particularly applicable to state and local government awards.
  3. Identify the key requirements for allowable costs.
  4. Identify the differences between direct costs and indirect costs and how they may be classified for federal awards.

Where
GFOA Learning Management System (LMS) https://learn.gfoa.org/

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