Documentation Best Practices: Building a Compliance Trail

Adequate documentation serves as the cornerstone supporting accounting and cost records, ensuring transparency and compliance in financial processes when managing your federal award.

This documentation is crucial for verifying the proper segregation of spending across different awards. It plays a central role in ensuring that funds are obligated and spent in alignment with the intended purposes of the award.

The extent of documentation required is influenced by the size and complexity of the organization or governmental unit, as well as the effectiveness of existing control mechanisms. The nature of the documentation may also vary based on the relationship between activities and specific internal controls.

Join Thompson Grants and DeMakus Staton, Chief Executive Officer/Owner of D&G Associates Consulting Group, LLC, to explore the critical role of documentation in grant management and understand how it contributes to financial accountability and compliance.

Register today for Documentation Best Practices: Building a Compliance Trail 

• Gain a comprehensive understanding of the fundamental principles that underpin effective documentation in grant management.
• Explore the intricacies of compliance in grant management documentation, including federal regulations and standards, to ensure adherence to funding guidelines.
• Learn how to establish and maintain proper segregation of spending, distinguishing between federal and nonfederal expenditures, to uphold financial integrity.
• Explore the central role of documentation in verifying that funds are obligated and spent in accordance with the intended purposes of the federal award.
• Understand how the size and complexity of your organization or governmental unit impacts the extent and nature of documentation required for effective grant management.

What is the most important benefit attendees will gain through this event? What is their motivation for attending?

• Learn to tailor documentation practices based on the specific relationship between activities and internal controls, ensuring a customized and efficient approach.
• Grasp the role of documentation in promoting financial accountability and transparency, contributing to the overall success of grant-funded projects.
• Acquire actionable insights into implementing best practices for documentation in grant management, fostering efficiency and compliance.

Who Will Benefit:

• Grant Managers and Administrators, Financial Managers and Accountants, Program Directors and Project Managers, Compliance Officers, Government and Nonprofit Organizations, Auditors and Inspectors.