Personnel costs are often your largest expense—and a frequent source of findings when not documented correctly. This session introduces the core concepts behind time and effort reporting so that staff new to grants can understand what is required, why it matters, and how to support salary and wage charges in a clear, consistent way.

Learning Objectives:

• Understand the cost principle behind time and effort reporting under Uniform Guidance.
• Learn what good supporting documentation looks like for personnel charges.
• Get an overview of common time and effort methods and where organizations often go wrong.
• Gain insight into what auditors typically look for in this area.

NASBA Field of Study: Accounting (Governmental) – Technical