In this guest post, Sefton Boyers and Bill Allen explain how only reasonable and necessary costs can be charged to a federal grant.
Cost Principles
What are the Uniform Guidance Cost Principles?
In this episode of THE SAMPLE, Leita Hart-Fanta, CPA answers the question, “What are the Uniform Guidance Cost Principles?” Another way to phrase that question is, “Can I buy that with federal grant funds?”
General Principles & Basic Premises
Objectives: Differentiate between principles applicable to state and local governments and nonprofits Define key government regulators and their related acronyms Sequence the four layers of rules governing grants Introduction to Federal Cost Principles Now you’ve done it. You’ve taken on a federal grant – either to administer one or to audit one! Federal grants can be […]
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