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<p align="center" style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:6.0pt;margin-left:0in;text-align:center">
<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">NASACT Training Webinar<o:p></o:p></span></b></p>
<p align="center" style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:6.0pt;margin-left:0in;text-align:center">
<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#376092">OMB Grant Reforms<o:p></o:p></span></b></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-family:"Arial","sans-serif"">Wednesday, March 27, 2013<o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-family:"Arial","sans-serif"">11:00 AM - 1:00 PM<o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><b><span style="font-family:"Arial","sans-serif";color:red">(Space is limited to 25 seats)<o:p></o:p></span></b></p>
<p><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">The purpose of this webinar is to learn about the U.S. Office of Management and Budget’s (OMB) grant reform proposals in its recently released document,
<i>Proposed OMB Uniform Guidance: Cost Principles, Audit, and Administrative Requirements for Federal Awards.</i> With this massive set of proposals (200 plus pages), OMB is streamlining
<b>eight</b> existing circulars into one document. These include:<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="font-size:10.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Administrative Requirements (the government-wide Common Rule implementing Circular A-102, A-110 and A-89),<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="font-size:10.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Cost Principles (Circulars A-21, A-87, and A-122), and
<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo1"><![if !supportLists]><span style="font-size:10.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Audit Requirements (Circulars A-133 and A-50).<o:p></o:p></span></p>
<p><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">OMB seeks to ensure the highest integrity in the financial management and operation of federal programs and to strengthen accountability for federal dollars by improving policies that protect
against waste, fraud, and abuse. At the same time, OMB is attempting to increase the impact and accessibility of programs by minimizing time spent complying with unnecessarily burdensome administrative requirements.
<o:p></o:p></span></p>
<p><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">OMB believes that these proposals ensure that grants are awarded based on merit; that management increases focus on performance outcomes; and that rules governing the allocations of federal
funds are streamlined, and better focus the Single Audit to reduce waste, fraud, and abuse.<o:p></o:p></span></p>
<p><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">This webinar will focus on a variety of different areas of the proposals and cover specifically the proposed changes to the cost principles and the Single Audit provisions. Regarding Single
Audits, a number of changes are being proposed including revisions to the:<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">1.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Single Audit threshold<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">2.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Type A and Type B program determination process<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">3.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">High-risk Type A criteria<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">4.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">High-risk Type B testing<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">5.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Percentage of coverage rules<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">6.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Low-risk auditee status<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">7.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Reduction in the types of compliance requirements to be tested<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">8.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Questioned cost threshold<o:p></o:p></span></p>
<p style="margin-left:.5in;text-indent:-.25in;mso-list:l1 level1 lfo2"><![if !supportLists]><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><span style="mso-list:Ignore">9.<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Indirect costs and time and effort reporting<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Please join OMB’s Norman Dong, Victoria Collin, and Gil Tran for this informative two-hour training session. Importantly, at the conclusion of the presentation, you will have
an opportunity to ask questions about specific cases pertaining to your own circumstances. Since this topic has such far-reaching impact, we encourage you to share information on this webinar with agencies within your state or local government.</span><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><o:p> </o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:10.1pt">
<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Date:<o:p></o:p></span></b></p>
</td>
<td width="18" valign="top" style="width:13.5pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;text-align:center;line-height:10.1pt">
<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
</td>
<td width="535" valign="top" style="width:401.4pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:10.1pt">
<span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Wednesday, March 27, 2013</span><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p></o:p></span></p>
</td>
</tr>
<tr style="height:23.65pt">
<td width="85" valign="top" style="width:63.9pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:10.1pt">
<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Time:<o:p></o:p></span></b></p>
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<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;text-align:center;line-height:10.1pt">
<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
</td>
<td width="535" valign="top" style="width:401.4pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">11:00 AM – 1:00 PM<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
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</tr>
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<td width="85" valign="top" style="width:63.9pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:10.1pt">
<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Speakers:<o:p></o:p></span></b></p>
</td>
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<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;text-align:center;line-height:10.1pt">
<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
</td>
<td width="535" valign="top" style="width:401.4pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal">Norman S. Dong, Deputy Controller, OMB<br>
Victoria Collin, Policy Analyst, OMB<br>
Gilbert Tran, Senior Technical Manager, OMB<o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
</td>
</tr>
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<td width="85" valign="top" style="width:63.9pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:10.1pt">
<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Location:<o:p></o:p></span></b></p>
</td>
<td width="18" valign="top" style="width:13.5pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;text-align:center;line-height:10.1pt">
<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
</td>
<td width="535" valign="top" style="width:401.4pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">SFMS Conference Room<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Executive Building, 1<sup>st</sup> Floor (DAS West)<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Department of Administrative Services<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">155 Cottage Street NE<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Salem, OR 97301<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:10.1pt">
<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">CPE:<o:p></o:p></span></b></p>
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<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;text-align:center;line-height:10.1pt">
<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
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<td width="535" valign="top" style="width:401.4pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:10.1pt">
<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Two credits<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:10.1pt">
<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Cost:<o:p></o:p></span></b></p>
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<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;text-align:center;line-height:10.1pt">
<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
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<td width="535" valign="top" style="width:401.4pt;padding:0in 5.4pt 0in 5.4pt;height:23.65pt">
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Free (Hosted by CFO)<o:p></o:p></span></p>
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<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Register:<o:p></o:p></span></b></p>
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<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="margin-bottom:6.0pt"><a href="https://ilearn.oregon.gov/Kview/CustomCodeBehind/Base/Login/Login.aspx"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">https://ilearn.oregon.gov/Kview/CustomCodeBehind/Base/Login/Login.aspx</span></a><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:6.0pt"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">(Keyword: NASACT, OMB)<o:p></o:p></span></p>
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<b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Materials:<o:p></o:p></span></b></p>
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<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black"><o:p> </o:p></span></p>
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<span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">Materials will be emailed to registered participants before the webinar. Participants should print a copy of the materials to bring with them.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Verdana","sans-serif";color:#353535">Kathryn Ross, CPA</span></b><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Verdana","sans-serif";color:#353535">Manager, Statewide Accounting & Reporting Services
</span></b><b><span style="font-family:"Verdana","sans-serif";color:#353535"><o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana","sans-serif";color:#353535">Chief Financial Office</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana","sans-serif";color:#353535">Department of Administrative Services</span><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana","sans-serif";color:#353535">155 Cottage Street NE, U-50</span><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana","sans-serif";color:#353535">Salem, OR 97301</span><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana","sans-serif"">Phone: (503) 373-0265<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana","sans-serif";color:#353535">Fax: (503) 378-3514</span><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana","sans-serif""><a href="http://oregon.gov/DAS/SCD/SARS"><span style="color:blue">http://oregon.gov/DAS/CFO/SARS</span></a></span><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana","sans-serif";color:#353535">Data Classification: Level 1 - Published</span><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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