Follow the money…Who audits?
Here's some great modules to go through and learn how our tax payer dollars move through the system.
https://cfo.gov/grants/training/
There are five modules as part of the grants management training, each covering a different portion of the process.
Module 1: Laws, regulations and guidance
Provides information regarding the underlying laws, regulations, policies, practices and guidance for grants and their cooperative agreement programs
Module 2: Financial assistance mechanisms
This module helps users differentiate between the types of federal assistance and how they can be used.
Module 3: Uniform guidance administrative requirements
Learn what is expected of the applicants and awardees, and what is required of grant fund recipients during their disbursement period.
Module 4: Cost principles
This module will outline the regulations of costs throughout the life of the grant, including governing costs, indirect costs, costs that require approval and how the costs are applied.
Module 5: Risk management and single audit
This module will demonstrate to the user how to manage risk under the regulations set forth in Uniform Guidance 2 CFR 200, and provide an introduction to single audit requirements.