Mobile Edition

Cost Principles for State and Local Governments and Nonprofit Organizations (4172018C)

Date:Friday, April 20, 2018
Time:11:30AM - 7:00 PM
(Registration at 11:00AM)
Facility:Webcast or Webinar, Online
CPE Credit:8.0 Accounting and Auditing
Instructor: Sefton Boyars
Vendor:California CPA Education Foundation
Course Level:Basic
Early Bird Price:$245.00 FICPA Members, $365.00 Non-Members


With few exceptions, entities that receive federal government grants must follow certain cost principles, which, if violated, can result in unallowable expenditures that culminate in large refunds to the granting agency. Understand the cost principles applicable to state and local governments and nonprofit organizations, and learn how to ensure that costs claimed against government grants are allowable and can be reimbursed. This course will allow you to help your clients avoid the financial cost—and unpleasant publicity—related to significant disallowance.

Note: These cost principles do not cover colleges, universities and hospitals. Discuss the concepts of allocation, but not the development of indirect cost rates.

  • Identify the criteria for determining whether a cost is allowable.
  • Determine the permissibility of specific items of cost.
  • Recognize how to adequately document claimed costs.

Major Topics:
  • Regulations governing grant programs
  • Rules of allowability
  • Permissibility of most cost categories
  • Documentation requirements
  • The "Supercircular:" 2 CFR 200, Subpart E

Who Should Attend:

Government grantees, government auditors and CPAs who conduct single audits.


Advanced Preparation:


If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.