2025 Financial Management
Preparing for CACFP or SFSP Audits
The word ‘audit’ often evokes anxiety and unease for providers. It’s not a reflection of your confidence in your work but rather the apprehension of having it scrutinized by someone else. Even when you’re certain of following federal guidelines, why do you feel this way? How can you overcome these feelings and approach audits with confidence and composure?
1. Learn how to prepare for an announced or unannounced audit.
Cost Allocation for Center and Home Sponsors
Sponsoring homes and centers? Are you confused about the requirements and ready to better understand the cost allocation process? Review USDA guidance and explore best practices for allocating costs and labor for your sponsorship and center programs.
Read MoreSponsoring Summer Food: Keys to Financial Management
You’re already working in the food program and are ready to expand to summer feeding. Hear about best practices to ensure proper internal controls for successful financial management and mitigate high risk program areas.
Read MoreNavigating Specific Prior Written Approvals for Budget Items
Are you new to the CACFP or looking for a way to up your game when it comes to Specific Prior Written Approvals (SPWA)? Get a comprehensive overview of the process including insight on the requirements, steps for compliance, and best practices for tracking and reporting. Extend your knowledge to ensure adherence to the budgetary regulations for your purchased items or services.
Read MoreInvestigating Fraud, Waste & Abuse in Federally Funded Programs
Gain insight on investigating allegations of non-compliance in the CACFP and SFSP. Learn how to identify red flags during a monitoring review and take home interview techniques, sampling methodologies, and best practices which have been instrumental in identifying fraud, waste, and abuse in federally funded programs.
Read MoreFinancial Management for Center Sponsors
Ensuring program compliance with proper accounting systems is essential for success in the CACFP. Discover strategies for establishing internal controls for effective financial management. Get best practices and an increased awareness of the importance of recordkeeping and documentation.
Read MoreBest Practices for Developing a Financial Management Process
Financial management is an important factor in the success of CACFP and SFSP. But should sponsors’ financial management process be proactive or reactive? Get practical recommendations on how sponsors can implement financial management best practices.
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