Exploring the Revised Procurement Standards

Learning 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

• New and revised definitions
• New cost principle
  
• New prohibitions
  
• New procurement preferences
  
• New approach to determining the MPT and SAT based on risk and internal controls
  
• Defining the “floor” for the monetary level for sole source procurements
  
• The flexibility that no “one-size-fits-all” procurement standards

Designed for: Public Accountants, Consultants, Government Contractors and Awardees of Federal Grants and Cooperative Agreements which include: nonprofits, institutes of higher education, hospitals, Federal, state, local and tribal units of government.

Level: Intermediate

Instructor: Paul Calabrese

Developer: Paul Calabrese

CPE Credits: 2

Area(s) of Study: Accounting (Governmental) - Technical

Prerequisite: None