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Exploring the Revised Procurement Standards

Total Credits: 2 including 2 Accounting (Governmental) - Technical

Average Rating:
Accounting and Auditing |  ACPEN Industry Institute |  Grant Compliance and Management
Paul H. Calabrese
Course Levels:
2 Hours
Access for 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


The Uniform Guidance (2 CFR 200) is revised effective November 12, 2020.  The greatest changes occur to the procurement standards and particularly he methods of procurement.  A delineation between the informal and formal procurement processes is the threshold for competition.  The ability to increase the Micro Purchase Threshold (MPT) and limitation on the Simplified Acquisition Threshold (SAT) requires a careful look at this OMB update to the Uniform Guidance.


Basic Course Information

Learning Objectives
  • Understand the critical updates to the Uniform Guidance
  • Compare the precise language changes for the various policies and procedures
  • Learn the key updates organized by each revised topic
  • Ability to take action to enhance an organization’s existing procedures to conform to this important update

Major Subjects
  • New and revised definitions
  • New cost principle
  • New prohibitions
  • New procurement preferences
  • New approach to determining the MPT and SAT based on risk and internal controls
  • Defining the “floor” for the monetary level for sole source procurements
  • The flexibility that no “one-size-fits-all” procurement standards

Course Materials


Paul H. Calabrese's Profile

Paul H. Calabrese Related seminars and products

Principal, Outsourced Accounting & Advisory Services

Gelman, Rosenberg & Freedman

Mr. Calabrese has hands-on experience with the Uniform Guidance for Federal grants recipients: nonprofits, universities, hospitals, and state/local/tribal units of governments. His skill-set involves: grant cost accounting, sub-recipient monitoring, preparation of over (100) indirect rates / NICRA for several Federal agencies, developed policies and procedures, medical management systems invoicing to state Medicaid agencies and toolkit for unit cost rates for Ryan White HIV AIDS HRSA awards. Paul has developed grant and financial statement dashboards. He has performed out-sourced CFO duties, annual budgets, cash flow projections, grant draws and budget monitoring.



Wed, Aug 31, 2022 - 11:00am to 12:54pm CDT
Wed, Sep 14, 2022 - 02:00pm to 03:54pm CDT
Tue, Sep 27, 2022 - 08:00am to 09:54am CDT
Fri, Oct 14, 2022 - 11:00am to 12:54pm CDT
Thu, Oct 27, 2022 - 02:00pm to 03:54pm CDT
Tue, Nov 01, 2022 - 06:00pm to 07:54pm CDT
Sat, Nov 19, 2022 - 11:00am to 12:54pm CST
Mon, Dec 05, 2022 - 02:00pm to 03:54pm CST
Wed, Dec 21, 2022 - 08:00am to 09:54am CST
Fri, Dec 23, 2022 - 12:00pm to 01:54pm CST
Fri, Dec 30, 2022 - 01:00pm to 02:54pm CST

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For Public Accountants, Consultants, Government Contractors and Awardees of Federal Grants and Cooperative Agreements which include: nonprofits, institutes of higher education, hospitals, Federal, state, local and tribal units of government.
Original Recording Date 11/15/2021
Yellow Book Yes
Course Developer Paul Calabrese
Date Added to Catalog 10/12/2021

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints., (972-377-8199).
Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.



Overall:      4.5

Total Reviews: 74


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