Exploring the Revised Procurement Standards
Saturday, March 18, 2023
Webcast or Webinar, Online
3:00 PM - 4:54 PM (opens at 2:30 PM) EST
2Credits
Accounting and Auditing
Registration is Open
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$79.00 Regular Price
Non-Members
$109.00 Regular Price
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Course Type: Webcast
Course Code: 22/AC615583
Level: Intermediate
Vendor: ACPEN
Field of Study: Accounting (Governmental)
Overview:
The Uniform Guidance (2 CFR 200) is revised effective November 12, 2020. The greatest changes occur to the procurement standards and particularly he methods of procurement. A delineation between the informal and formal procurement processes is the threshold for competition. The ability to increase the Micro Purchase Threshold (MPT) and limitation on the Simplified Acquisition Threshold (SAT) requires a careful look at this OMB update to the Uniform Guidance.
Objectives:
- Understand the critical updates to the Uniform Guidance
- Compare the precise language changes for the various policies and procedures
- Learn the key updates organized by each revised topic
- Ability to take action to enhance an organization’s existing procedures to conform to this important update
