AmeriCorps 101

Key Concepts of Financial Management (AC 104)


Description
This course was designed to acquaint grantees of the responsibilities of managing a federal AmeriCorps grant, familiarize them with the basic requirements and provide tools on researching the specific requirements. As a result of this course grantees should be informed on the key compliance requirements and equipped with the tools of meeting the compliance requirements.
Content
  • Session Road Map
  • Key Concepts of Financial Management
  • Regulations and Requirements
  • Legislative History
  • Various Requirements
  • Elements of Financial Management
  • Uniform Guidance
  • Uniform Guidance Basics
  • Allowable Costs
  • Allowable, Reasonable & Allocable
  • Accounting System Requirements
  • Policies and Procedures
  • Policies and Procedures
  • Test Your Knowledge
  • Budget, Match and Reporting
  • Member Compliance Oversight, Management
  • Member Documentation and Eligibility
  • Member Timesheets and Living Allowances
  • Background Checks
  • Background Checks
  • Course Quiz - Key Concepts of Financial Management
Completion rules
  • All units must be completed
Prerequisites