Federal Grants and Uniform Guidance
Cost principles, indirect cost rates, and audit requirements under 2 CFR 200 for nonprofits and other federal grant recipients.
Grants & Uniform Guidance·
Uniform Guidance Compliance for Nonprofits: What 2 CFR 200 Requires From Your Books
A plain-English guide to what the Uniform Guidance asks of a nonprofit's accounting: award tracking, budget vs actual, internal controls, time and effort, allowable costs, and the Single Audit, and how it all works on QuickBooks Online.
Read article →14 min read
Grants & Uniform Guidance·
Single Audit Readiness for Nonprofits: When It Applies and What Auditors Test
A Single Audit is a yearly audit of your organization and its federal grants, required once you spend $1,000,000 or more in federal funds in a year. Here is when it applies, when it is due, what the auditor checks, and how to prepare.
11 min read
Grants & Uniform Guidance·
Allowable Costs Under Subpart E: Common Traps When Charging Costs to Federal Awards
How the Uniform Guidance cost principles decide what a nonprofit can charge to a federal award: the general tests, the costs that are never allowable, the ones allowed only under conditions, and how to keep unallowable costs out of your awards.
10 min read
Grants & Uniform Guidance·
Indirect Costs for Nonprofits: The De Minimis Rate vs. a Negotiated Indirect Cost Rate
How a nonprofit recovers rent, accounting, and leadership costs on federal awards: the 15% de minimis rate, which costs it applies to, and when negotiating your own rate is worth the work.
11 min read
Grants & Uniform Guidance·
Time and Effort Reporting Under 2 CFR 200.430: What Documentation Supports Salaries on a Federal Award
What the Uniform Guidance requires behind every salary charged to a federal award, why a budget split is not enough, how the after-the-fact review works, and how time and effort reporting differs from DCAA timekeeping.
10 min read
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