By Doug K. Nickerson, CPA, CCA, Partner
Highlights from SBA’s 2nd Shuttered Venue and Operators Grant Webinar
On June 9, 2022, the Shuttered Venue Operators Grant (SVOG) team at the Small Business Administration (SBA) launched its second webinar in a three-part webinar series dedicated to the audit requirements of the SVOG Program entitled “Auditing and Compliance Supplement”.
SVOG Webinar #2 Topics
Recap of the Introduction to the Single Audit webinar
SVOG Section of the Compliance Supplement
Compliance Areas Specific to the SVOG Program
Information and Support
The primary audience of this webinar is not-for-profit entities that received and expended federal funds, including SVOG awards. Regardless, for-profit entities are encouraged to watch this webinar as there are program compliance items and audit consideration that they should be aware of as well. The third webinar in the series will cover the specific audit options and compliance requirements for for-profit entities receiving SVOG awards only. A link to the final webinar is included below.
Key Webinar Takeaways
- A deeper discussion on Pre-Award Costs and how they impact audit requirements
- Compliance Supplement’s required compliance areas for audit: activities allowed or unallowable, allowable costs / costs principles, and period of performance
- Common audit procedures and supporting documentation
Access Webinar #2: Auditing and the Compliance Supplement – Thursday, June 9, 2022 at 2:00pm (EST)
Access Webinar #3 in the Audit Requirements Section: Audit Requirements for For-Profit Entities – July 14, 2022, 2:00pm – 3:30pm ET
Our team of experienced professionals can help you understand the compliance requirements and assist you with the audit of your SVOG Program funds and any other COVID-related Federal program grant awards your company has received. Contact your Keiter Opportunity Advisor or Email | Call: 804.747.0000
Download our Complimentary SVOG Expense Tracker
About the Author
The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.