- NY Credits : 3.0
- TX Credits : 3.0
Compliance Supplement and Nonprofits
Troy Manning reviews the connection between the Uniform Guidance and the Compliance Supplement. She then goes into a detailed look as to how the Compliance Supplement relates to nonprofits.
Upon successful completion of Compliance Supplement and Nonprofits, the user should be able to:
identify what can and cannot be considered a nonprofit entity under the Uniform Guidance and what the priority functions of a nonprofit are,
determine what an auditor's responsibilities are in terms of internal controls over compliance,
identify what the different parts of the Compliance Supplement detail,
identify what a CFDA number is,
identify the different types of reimbursement methods of federal funds and when reimbursement occurs,
recognize the different characteristics of equipment under the Uniform Guidance and Compliance Supplement, and
recognize what is meant by the term order of priority.