Department of Commerce FINANCIAL MONITORING

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Nov 10, 2013 (3 years and 7 months ago)

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Department of Commerce


FINANCIAL MONITORING

Daphne Kerbo


Programs Manager/Monitor

Emmit Grayson


Programs Manager/Monitor

Purpose/Objective





To ensure that all areas are in compliance with Federal,
State, and local guidelines


To provide quality technical assistance to the local
workforce areas.


To ensure the WIA local areas are successful in their
local initiatives.




OBJECTIVES!



Ensure compliance


Provide technical assistance


Identify best practices






Provide benefits to local areas


Ensure DOL sees expenditures are at
expected level


Determine if expenses are reported for
appropriate purposes.









Schedule



Tools


Samples


Reports







Your Role in Monitoring


Ensure that you’ve monitored where
applicable


Have effective grant and financial
management systems in place


Have all roles and responsibilities
accounted for





Top 3 Technical Assistance Requests


Accrual reporting


Cost classification


Procurement


DOL ETA requires all grantees to report expenditures
on a
full

accrual basis.








Direct/Indirect



Administrative/Program







Procurement


Who issues Requests for Proposals (RFPs
)?


Who has Purchasing Authority?



Who is your Purchasing Signatory?


Did you receive the Goods and/ or Services?


Inventory





What do you need?




Daphne_Kerbo@okcommerce.gov

(405) 815
-
5324

Emmit_Grayson@okcommerce.gov

(405) 815
-
5285

Shelly_carbajal@okcommerce.gov

(405)815
-
5217