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About the Certification Program
Maintaining Your Certification
ABOUT THE CERTIFICATION PROGRAM
Since 1985, Falmouth Institute has provided trusted and effective training on Tribal Finance to numerous
tribes and tribal organizations. With this history and experience, we are proud to introduce our
Tribal Financial Oversight Certification Program.
The Tribal Financial Oversight Certification Program demonstrates dedication to professional development.
Achieving this designation will help prepare tribal employees for increased responsibility and more complex
tasks within their positions.
Designed with the non-financial professional in mind, this program will provide you with an overview of all the financial data and regulations that impact your tribe and prepare you for our online qualifying exam.
|T O P I C S I N C L U D E
Contracting and Purchasing Procedures
- Types of budgets
- Role of the budget function
- Coordinating budgets
- Budget documents
- Budget data management
- Budget calendar
- Grant budgeting
- Monitoring and reporting
- Performance-based budgeting
- Budgeting resources
- Tribe as the prime contractor
- Subcontract requirements
- Purchasing and contracting roles and responsibilities
- Solicitation and award
- Statement of work
- Types of bidding
- Cost and price analysis
- Types of contracts
- Fraud indicators
|An Overview of Indirect Cost and OMB Cost Principles; and Grants and Cooperative Agreements with State and Local Governments
OMB Cost Principles in Focus
- Indirect vs. direct cost
- The base
- IDC rate formula
- Direct vs. salary base
- Types of rates
- Types of funding
- Changes in pool and base
- Large vs. small pool
- Minimizing over-and under-recovery
- Reviewing and submitting proposals
- Contract support costs
- Multiple rates
- Shared costs
- Allowable costs
- Allowable, reasonable and allocable costs
- Questioned costs
- P.L. 93-638 funding
- Cost allocation plans
|OMB Grants and Cooperative Agreements with State and Local Governments in Focus
- Grants and Cooperative Agreements with State and Local Governments vs. Common Rule
- Pre-and post-award requirements
- Federal assistance forms
- Grant appeals procedures
Understanding the Single Audit Act and the OMB Super Circular
- Management's responsibilities
- Limitations of internal controls
- The control environment
- Evaluating and designing an internal control framework
- Controlled related policies and procedures
- Accounting systems
- Compliance for federal programs
- Management assertions
- Financial reporting controls
- Fraud detection and prevention
- Single Audit Act (Policy)
Become certified by completing these simple steps:
- Register for and attend the Tribal Financial Oversight Certification Program
- Pass the online qualifying exam within seven days of finishing the Program
The Falmouth Tribal Financial Oversight Certification Program can also be delivered as an Onsite Program for organizations seeking to certify at least seven participants. To discuss onsite training opportunities, please call Falmouth at 800-992-4489, ext. 119.
To receive your Tribal Financial Oversight Certification, you must pass the online qualifying exam.*
- The exam consists of 50 multiple choice and true/false questions drawn from the program's course content.
- In class, you'll receive instructions on how to get your unique username and password and how to access the exam.
- You'll have seven days from the last day of class to access the exam. You must complete the exam in one sitting and you'll receive your results immediately after you submit it.
- You'll be able to download your certificate showing that you are certified in Tribal Financial Oversight as soon as you have passed the exam.
- If you do not pass the exam on your first attempt, you'll have one year to re-test. You may take the exam a total of three times, after which you'll have to register for and attend the Tribal Financial Oversight Certification Program again before you are permitted to re-test. You must pay a $100 exam fee each time you re-register to take the exam. The retest form is available here.
*Testing accommodations are available to those with a documented disability. Please contact Basla Andolsun at 1-800-992-4489 or firstname.lastname@example.org to discuss your particular situation. You must request accommodations when you register for the Certification Program for accommodations to be guaranteed.
Falmouth takes pride in its exceptional faculty. We only work with outstanding trainers who have years of specialized Indian Country experience and who are experts in their fields. You can expect your instructor(s) for this program to deliver top quality training suited to your unique needs as a tribal professional with financial oversight responsibilities.
MAINTAINING YOUR CERTIFICATION
Your certification is valid for one year from the date it is issued. To maintain certification, you must:
- Attend at least 12 hours of qualified training before your certification expiration date**; and
- Submit a certification maintenance form by the expiration date. Please click here for the form.
**Falmouth will grant extensions for students who have registered for upcoming classes that start up to 2 months beyond the month their certification expires in. Such students will still need to submit the certification maintenance form by the expiration date. They must note on the form that the class is upcoming and, upon class completion, resubmit their certification form.
Qualified classes include any of the following Falmouth Institute trainings (2 or 3 days):