Best Practices in Obligating Coronavirus State and Local Fiscal Recovery Funds
Online
1.00 Credits
Member Price $39.00
Non-Member Price $59.00
Overview
Obligating Coronavirus State and Local Fiscal Recovery Funds (SLFRF) by December 31, 2024 is essential to ensure a recipient does not have to return funds to the Treasury. There are a number of requirements to properly obligate SLFRF funds and opportunities to make changes to projects after the obligation deadline. In this course, we will define what an obligation is under SLFRF, review guidance from the Treasury, learn how to meet the SLFRF obligation deadline in multiple areas, and identify when changes can be made to estimates, contracts, and subawards after the obligation deadline.
Objectives
- Recall the definition per the obligation IFR and the SLFRF FAQs, Section 17
- Identify how recipients can meet the SLFRF obligation deadline
- Recognize when a change can be made to a project after the obligation deadline
Highlights
- Finance
- IFR
- SLFRF
- Yellowbook
Designed For
Accounting Professionals
Prerequisites
None
Preparation
None
Notice
Your webinar can be accessed via https://ctcpas.acpen.com/. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.
Leader(s):
Leader Bios
Alex Romero, CPA, CGMA, MPAcc, Galasso Learning Solutions
Alexandria Romero, CPA, CGMA, MPAcc, is the governmental and leadership training facilitator for Galasso Learning Solutions. Prior to that, she was the director of finance for the City of Pueblo, Colorado, the CFO for Pueblo City-County Library District, and an auditor for a public accounting firm. Alex is an active member of the accounting profession, serving as an at-large member of the AICPA Council, chair-elect for the Colorado Society of CPAs, vice chair of the Pueblo City-County Library District’s Foundation board of directors, and is a 2019 graduate of the AICPA Leadership Academy.
Her contributions to the accounting field have been widely recognized, including being named one of the Top 50 Women in Accounting (2022, 2023), receiving the 2022 AICPA Outstanding Young CPA Award, and being inducted into the Colorado State University Department of Accounting Hall of Fame in 2022.
Alex loves Disney and running, so in January 2024, she completed the 48.6-mile Dopey Challenge at Walt Disney World.
Non-Member Price $59.00
Member Price $39.00