Cost Principles for State and Local Governments and Nonprofit Organizations

Course Details


Wednesday, February 20, 2019

6:30am – 2:00pm
(Registration: 6:00am)

Field of Study

Auditing (Governmental)

Course Number


CPE Credit

8.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation




Understand the cost principles applicable to state and local governments and nonprofit organizations. Also, learn how to ensure that costs claimed against government grants are allowable and what qualifies as a reimbursement.

With few exceptions, entities that receive federal government grants must follow certain cost principles, which, if violated, can result in unallowable expenditures that culminate in large refunds to the granting agency. This course will allow attendees to help clients avoid the financial cost—and unpleasant publicity—related to significant disallowance.

Note: These cost principles do not cover colleges, universities and hospitals. Discuss the concepts of allocation, but not the development of indirect cost rates.

Materials are provided as an ebook.


  • Regulations governing grant programs
  • Rules of allowability
  • Permissibility of most cost categories
  • Documentation requirements
  • The Uniform Grant Guidance,  2 CFR 200, Subpart E


  • Identify the criteria for determining whether a cost is allowable.
  • Determine the permissibility of specific items of cost.
  • Recognize how to adequately document claimed costs.

Designed For

Government grantees, government auditors and CPAs.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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