RESTART New Grantee Orientation Day 2, Session 1: Cost Principles and Cost Classifications
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Fiscal Breakout 1: Cost Principles & Cost Classifications
This session, dedicated to your internal fiscal representatives, will introduce attendees to foundational cost principles and cost classification standards for managing federal grants, with a focus on Employment and Training Administration (ETA) programs.
Moderator
Presenter(s)
Chanel Castaneda, Supervisor, Division of Compliance, Assistance, and Policy
Ian Armbruster, Grants Management Specialist, Division of Compliance, Assistance, and Policy
Presenters will cover the key components of allowable costs including: necessary, reasonable, and allocability, as well as the importance of accurate cost classification, for financial reporting, and compliance with federal regulations. The session will highlight the factors of allowability, prohibited costs, and SMART practices for ensuring robust financial management systems. Attendees will gain practical guidance on documentation, prior approvals, and strategies for maintaining compliance and transparency in grant management.
This session is part of the Reentry Employment Opportunities (REO) Reentry Employment in Skilled Trades, Advanced Manufacturing, Registered Apprenticeships, and Training (RESTART) New Grantee Orientation. This series will be presented in 9 parts. You must register separately for each webinar. Access the event pages from the RESTART New Grantee Orientation series page.
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- Posted by: Bryan Thomas
- Posted in: Global