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    <p><b><font size=6 face="Times New Roman"><span style='font-size:24.0pt;
    font-weight:bold'>OMB Circular A-133 Fundamentals<br>
    </span></font><strong><b><font color="#ff6600" face="Times New Roman"><span
    style='color:#FF6600'>A 90-minute Interactive Audio Conference</span></font></b></strong></b><font
    size=2><span style='font-size:10.0pt'> <o:p></o:p></span></font></p>
    <div class=MsoNormal align=center style='text-align:center'><font size=2
    face="Times New Roman"><span style='font-size:10.0pt'>
    <hr size=1 width="100%" align=center>
    </span></font></div>
    <table class=MsoNormalTable border=0 cellpadding=0 width="100%"
     style='width:100.0%'>
     <tr height=440 style='height:330.0pt'>
      <td height=440 valign=top style='padding:.75pt .75pt .75pt .75pt;
      height:330.0pt'>
      <p><b><font size=4 face="Times New Roman"><span style='font-size:13.5pt;
      font-weight:bold'>Tuesday, December 9, 2008<br>
      11:00pm to 12:30pm </span></font></b><b><font size=2><span
      style='font-size:10.0pt;font-weight:bold'><o:p></o:p></span></font></b></p>
      <p><strong><b><font size=2 face="Times New Roman"><span style='font-size:
      10.0pt'>Course Description:</span></font></b></strong><font size=2><span
      style='font-size:10.0pt'><br>
      <br>
      Accurately assessing the performance and administration of federal grant
      programs has always been a tricky undertaking. But, one attribute is
      increasingly being cited as one indicator that a recipient or
      subrecipient of federal grants is being held accountable for its handling
      of those public funds-a "clean A-133 audit." <br>
      <br>
      OMB Circular A-133 (Revised), Audits of States, Local Governments and
      Nonprofit Organizations, has been the key federal government policy on
      audit of federal grants and subgrants for more than a decade. But
      understanding the fundamentals concerning the scope, objectives and
      results of those "single audits" has never been as important as
      it is now. Multiple factors align to make that true. Current bad economic
      news and increased government intervention in the free market promise to
      swell federal budget deficits in a way that guarantees unprecedented
      oversight of federal grant programs and a weaning out of programs and
      recipients that can't cut it. Meanwhile, independent auditors are under
      more pressure than ever to demonstrate that they have properly performed
      required tests of grant dollars, particularly in the aftermath of a high
      profile study released by federal inspectors general that showed a high
      percentage of annual Circular A-133 audits failed to meet applicable
      auditing standards. In short, the stakes of coming through your A-133
      audit with no findings have gone up at a time when the likelihood of
      doing so has gone down. <br>
      <b><span style='font-weight:bold'><br>
      <br>
      <strong><b><font face="Times New Roman">Learning Points and Questions To
      Be Answered:</font></b></strong></span></b></span></font><o:p></o:p></p>
      <p><font size=2 face="Times New Roman"><span style='font-size:10.0pt'>This
      audio conference will provide a strategic briefing on the key elements of
      OMB Circular A-133 and its role as a grants management tool. Participants
      will learn:</span></font><o:p></o:p></p>
      <ul type=disc>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Who is covered and how?</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>What federal awards must be included in the
           audit scope?</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>What other federal policies affect the
           audit?</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>What applicable standards and guidance
           apply?</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>What are the responsibilities of the "auditee"?</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>What are the responsibilities of federal
           agencies?</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>What are the responsibilities of the
           "pass-through entity"?</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>What is the responsibility of the auditors
           and what will they be looking for?</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l1 level1 lfo3'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>What are the audit "deliverables"
           and how should they be used?<o:p></o:p></span></font></li>
      </ul>
      <p><strong><b><font size=2 face="Times New Roman"><span style='font-size:
      10.0pt'>Level: </span></font></b></strong><font size=2><span
      style='font-size:10.0pt'>Intermediate</span></font><o:p></o:p></p>
      <p><strong><b><font size=2 face="Times New Roman"><span style='font-size:
      10.0pt'>Bob Lloyd</span></font></b></strong><font size=2><span
      style='font-size:10.0pt'> is a respected authority on federal policies
      affecting the acquisition, administration, and audit of federal grants
      and contracts. The former executive director of the Grants Management
      Advisory Service, Mr. Lloyd has more than 35 years of experience in
      federal award implementation and oversight. Since forming his own
      management consulting practice in <st1:City w:st="on">Washington</st1:City>
      <st1:State w:st="on">DC</st1:State> in 1982, he has served as a
      consultant, trainer or advisor to management or audit units in fifteen
      major federal award making agencies and to grantee, subgrantee, and
      independent audit organizations located in all fifty states, the <st1:State
      w:st="on">District of Columbia</st1:State>, several <st1:place w:st="on"><st1:country-region
       w:st="on">U.S.</st1:country-region></st1:place> territories and
      seventeen foreign countries. A long time instructor with the federal
      Government Audit Training Institute, he received its faculty excellence
      award for the development of courses on federal grant auditing and has
      delivered scores of training sessions of the topic. Mr. Lloyd also served
      as the principal author of the Thompson Publishing Group's Single Audit
      Information Service. <o:p></o:p></span></font></p>
      <p><font size=2 face="Times New Roman"><span style='font-size:10.0pt'>To
      learn more about Bob Lloyd, <a
      href="http://xsuite.thompson.com/SF_Module/pr_e.cfm?m=653656.12857.197052">click
      here!</a></span></font><o:p></o:p></p>
      <p><strong><b><font size=2 face="Times New Roman"><span style='font-size:
      10.0pt'>Registration Includes: </span></font></b></strong><o:p></o:p></p>
      <ul type=disc>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l5 level1 lfo6'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Admittance to the 90-minute call for as
           many people as you can fit in a room with a speakerphone </span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l5 level1 lfo6'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Access to the specially created
           presentation handouts (available 48 hours in advance) </span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l5 level1 lfo6'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Participation in the 30-minute, live
           Q&A with the speaker following the presentation </span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l5 level1 lfo6'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Certificates of attendance for all audio
           conference attendees</span></font><o:p></o:p></li>
      </ul>
      <p><b><font size=2 face="Times New Roman"><span style='font-size:10.0pt;
      font-weight:bold'>Attendees Who Will Benefit From This Audio Conference
      Include:<o:p></o:p></span></font></b></p>
      <ul type=disc>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l4 level1 lfo9'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Finance Directors</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l4 level1 lfo9'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Revenue Administrators</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l4 level1 lfo9'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Accounts Payable Staff</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l4 level1 lfo9'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Grants and Subgrant Managers</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l4 level1 lfo9'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Program Managers</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l4 level1 lfo9'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Awarding Agency Officials</span></font><o:p></o:p></li>
       <li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
           auto;mso-list:l4 level1 lfo9'><font size=2 face="Times New Roman"><span
           style='font-size:10.0pt'>Independent Auditors <o:p></o:p></span></font></li>
      </ul>
      <p><strong><b><font size=2 face="Times New Roman"><span style='font-size:
      10.0pt'>And remember, when you attend this live audio conference and
      complete a short post-conference survey (a NASBA requirement), you're
      eligible for 1.5 CPE credits!</span></font></b></strong><font size=2><span
      style='font-size:10.0pt'> </span></font><font color=navy><span
      style='color:navy'><o:p></o:p></span></font></p>
      <p><font size=2 color=navy face=Arial><span style='font-size:10.0pt;
      font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
      </td>
     </tr>
    </table>
    <p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'><o:p></o:p></span></font></p>
    </td>
   </tr>
  </table>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:6.0pt;
  margin-left:0in'><b><u><font size=3 face="Times New Roman"><span
  style='font-size:12.0pt;font-variant:small-caps;font-weight:bold'>Registration
  Information:<o:p></o:p></span></font></u></b></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:6.0pt;
  margin-left:0in'><b><font size=2 face="Times New Roman"><span
  style='font-size:11.0pt;font-weight:bold'>Date:</span></font></b><font
  size=2><span style='font-size:11.0pt'>              
  Tuesday, December 9, 2008<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;
  margin-left:0in'><b><font size=2 face="Times New Roman"><span
  style='font-size:11.0pt;font-weight:bold'>Time:</span></font></b><font
  size=2><span style='font-size:11.0pt'>             
  11:00 a.m. – 12:30 p.m. <o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:1.0in;margin-bottom:.0001pt;text-indent:-1.0in'><b><font size=2
  face="Times New Roman"><span style='font-size:11.0pt;font-weight:bold'>Location:        
  </span></font></b><font size=2><span style='font-size:11.0pt'>Department of
  Administrative Services<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:1.0in;margin-bottom:.0001pt;text-indent:-1.0in'><b><font size=2
  face="Times New Roman"><span style='font-size:11.0pt;font-weight:bold'>                       
  </span></font></b><st1:place w:st="on"><st1:PlaceName w:st="on"><font size=2><span
    style='font-size:11.0pt'>General</span></font></st1:PlaceName><font size=2><span
   style='font-size:11.0pt'> <st1:PlaceName w:st="on">Services</st1:PlaceName> <st1:PlaceType
   w:st="on">Building</st1:PlaceType></span></font></st1:place><font size=2><span
  style='font-size:11.0pt'><o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:.5in;margin-bottom:.0001pt;text-indent:.5in'><font size=2
  face="Times New Roman"><span style='font-size:11.0pt'>1<sup>st</sup> Floor,
  Mt. Neahkahnie Conference Room <o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:.5in;margin-bottom:.0001pt;text-indent:.5in'><st1:Street w:st="on"><st1:address
   w:st="on"><font size=2 color=black face="Times New Roman"><span
    style='font-size:11.0pt;color:black'>1225 Ferry St</span></font></st1:address></st1:Street><font
  size=2 color=black><span style='font-size:11.0pt;color:black'>.<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:6.0pt;
  margin-left:.5in;text-indent:.5in'><st1:place w:st="on"><st1:City w:st="on"><font
    size=2 color=black face="Times New Roman"><span style='font-size:11.0pt;
    color:black'>Salem</span></font></st1:City><font size=2 color=black><span
   style='font-size:11.0pt;color:black'>, <st1:State w:st="on">OR</st1:State></span></font></st1:place><font
  size=2><span style='font-size:11.0pt'><o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:6.0pt;
  margin-left:0in'><b><font size=2 face="Times New Roman"><span
  style='font-size:11.0pt;font-weight:bold'>Cost:</span></font></b><font
  size=2><span style='font-size:11.0pt'>              
  <u>FREE</u> (sponsored by SCD)<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;
  margin-left:0in'><b><font size=2 face="Times New Roman"><span
  style='font-size:11.0pt;font-weight:bold'>CPE:</span></font></b><font size=2><span
  style='font-size:11.0pt'>              
  1.5 credits<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;
  margin-left:74.9pt;text-indent:-74.9pt'><b><font size=2 face="Times New Roman"><span
  style='font-size:11.0pt;font-weight:bold'>To
  register:     <font color=red><span
  style='color:red'>SEATING IS LIMITED TO 30 PEOPLE.</span></font>  If you
  are interested in attending, please sign-up early by sending an email to</span></font></b><font
  size=2><span style='font-size:11.0pt'> <b><font color="#474747"><span
  style='color:#474747;font-weight:bold'><a
  href="mailto:SCD.REGISTER@state.or.us"
  title="blocked::mailto:SCD.REGISTER@state.or.us">SCD.REGISTER@state.or.us</a></span></font></b>. 
  The following information should be included in the text of your email:<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:1.25in;margin-bottom:.0001pt;text-indent:-.25in'><font size=2
  face="Times New Roman"><span style='font-size:11.0pt'>1.     
  Name and date of training (enter in subject line of message)<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:1.25in;margin-bottom:.0001pt;text-indent:-.25in'><font size=2
  face="Times New Roman"><span style='font-size:11.0pt'>2.     
  Attendee name<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:1.25in;margin-bottom:.0001pt;text-indent:-.25in'><font size=2
  face="Times New Roman"><span style='font-size:11.0pt'>3.     
  Agency name and address<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:1.25in;margin-bottom:.0001pt;text-indent:-.25in'><font size=2
  face="Times New Roman"><span style='font-size:11.0pt'>4.     
  Email address<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:1.25in;margin-bottom:.0001pt;text-indent:-.25in'><font size=2
  face="Times New Roman"><span style='font-size:11.0pt'>5.     
  Telephone number<o:p></o:p></span></font></p>
  <p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;
  margin-left:1.25in;margin-bottom:.0001pt;text-indent:-.25in'><font size=2
  face="Times New Roman"><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
  <p style='mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:0in;
  margin-left:0in;margin-bottom:.0001pt'><font size=2 face="Times New Roman"><span
  style='font-size:11.0pt'>If you have any questions, please call Erin Haney at
  503-378-3156 ext. 277.<o:p></o:p></span></font></p>
  <p class=MsoNormal><font size=3 face="Times New Roman"><span
  style='font-size:12.0pt'><o:p> </o:p></span></font></p>
  <p class=MsoNormal><font size=3 face="Times New Roman"><span
  style='font-size:12.0pt'><o:p> </o:p></span></font></p>
  </td>
 </tr>
 <tr>
  <td style='padding:0in 0in 0in 0in'>
  <p><b><font size=6 face="Times New Roman"><span style='font-size:24.0pt;
  font-weight:bold'><o:p> </o:p></span></font></b></p>
  </td>
 </tr>
 <tr>
  <td style='padding:0in 0in 0in 0in'>
  <p><b><font size=6 face="Times New Roman"><span style='font-size:24.0pt;
  font-weight:bold'><o:p> </o:p></span></font></b></p>
  </td>
 </tr>
</table>

<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><img border=0 width=1 height=1 id="_x0000_i1029"
src="http://xsuite.thompson.com/SF_Module/open_rate.cfm?v=653656.12857"><o:p></o:p></span></font></p>

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