Cost Principles for State and Local Governments and Nonprofit Organizations | 4182018A

Date :
February 20, 2019 8:30 AM - 4:00 PM
Location :
San Francisco Peninsula
Facility :
CalCPA Flex Center - Burlingame
Get Directions
Level of Difficulty :
Member Price :
Nonmember Price :
CPE Credits :
CPE 8.00, YB 8.00, AA 8.00, GT 8.00
Show tabs

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.


  • 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.

Major Subjects:

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

Advanced Prep:


Misc. Information:

The lunch period for this event will be 30 minutes and a box lunch is included in your registration fee. Class will adjourn at 4 p.m. unless otherwise specified.

Join or Renew Today

Save with Discount Programs
Level of Difficulty:
Field of Interest:
Auditing (Governmental)


Designed For:

Government grantees, government auditors and CPAs.


Sefton Boyars, CGFM, CPA
Until his retirement in October 1996, Sefton Boyars had been the Department of Education’s Regional Inspector General for Audit in Regions IX and X for 16 years. During his 35-year career, Boyars worked for a variety of federal government audit agencies and a California county. He is active in his profession, and is a member of CalCPA, and was a long-time chair of his chapter’s committee on Government Accounting and Auditing. He served on the Qualifications Committee of the California State Board of Accountancy for three years. He is a Certified Public Accountant (CPA) and a Certified Government Financial Manager (CGFM). He is a member of the California statewide Government Auditing and Accounting Committee. Boyars is a past chair of the Western Intergovernmental Audit Forum and often served as chair or co-chair of its subcommittees and roundtables. He is president of the San Francisco chapter of the Association of Government Accountants. He is also an experienced trainer and has taught for numerous organizations, including federal, state and local governments, professional associations, the CalCPA Education Foundation, and the USDA Graduate School and Management Concepts, Inc. He received AGA’s National Education and Training Award for 1998. Boyars is the author of the Association of Government Accountants’ study guide for Course 3 of the Certified Government Financial Manager: Governmental Financial Management and Control. The latest version of the study guide was issued in the spring of 2014. He is also co-author of Cost Principles for State and Local Governments and Non-Profit Organizations, issued in 2015.


  • Materials - Hardcopy Textbook
  • Materials - ebook