Here is the minimalist guide to internal controls: Just remember 3-5-7. Let’s face it, understanding internal controls is critical to continued grant funding. A lack of well-developed internal controls can lead to costs being disallowed and even suspension and debarment from future grants. Does it seem overwhelming? Look at our simplified approach of 3-5-7. The […]
“Repay the unallowable costs!” That is the result no grant manager wants to hear, especially with federal funding. So, I speak a lot about keeping federal grants from being unallowable grant costs in terms of strong internal controls. Let’s shift gears and look at a real-life case study from the Office of the Inspector General […]
To honor our first 10 years as one of the premier federal grant management training companies, I pulled this post out of moth-balls that I wrote when I first started the company.
I’m attending and presenting at the upcoming Grant Professional Association Conference. Now I admit it. I was slow to join any type of professional organization. It seemed impossible to fit into my already busy schedule. But I took a chance on the GPA and what I discovered is that connecting with other grant professionals not […]
Grant fraud is a mystery to many of us. How can it happen? Why would someone do it? And more importantly: How can federal grant recipients avoid grant fraud? Solving the mystery of “The Fraud Triangle” was led by criminologist Dr. Donald Cressey and is based on his well-accepted behavioral research model studying embezzlers. 3 […]
Good grants management requires grantees to use their federal funds in the best interests of their Federal grants and not have a conflict of interest. But when the people put their personal best interests before the best interests of the Federal program the result can shatter trust-both with the funding agency and within the organization. And […]