Financial Management Webinar - March 15, 2023
1:00-2:00 pm ET
Hear from EPA’s Research Triangle Park Finance Center about grant financial management, including how to successfully enroll in the Automated Standard Application for Payments (ASAP) system, properly draw down and account for funds, make adjustments in ASAP, submit financial reports, and financially close out a grant.
Webinar Materials
Grants Financial Management Training (pdf)
Frequently Asked Questions (pdf)
Recorded Webinar:
Recording of webinar conducted on March 15, 2023
- Welcome (Start)
Andre Fairley welcomes participants to the webinar and reviews the agenda. - Automated Standard Application for Payments (ASAP) Overview/Enrollment (4:03)
Mr. Fairley provides an overview of ASAP, including the responsibilities of the federal agency and ASAP. He also reviews how applicants will enroll in ASAP and define recipient roles. - Drawing Funds (9:39)
Mr. Fairley reviews EPA Policy RAIN-2018-G06-R for drawing down EPA funds and explains the ASAP draw statuses. - How to Make Payment Requests (12:25)
Mr. Fairley describes how to make payment requests in ASAP. - Q&A (13:54)
Mr. Peter Puglisi addresses questions asked during the first portion of the webinar relating to ASAP, drawing down funds, and making payment requests. - Book Entry Adjustments (17:02)
Mr. Puglisi gives an overview of book entry adjustments; why they may be necessary and how they work. - Federal Financial Reports (FFR) Grant Closeouts (20:21)
Mr. Puglisi explains the difference between an interim and final FFR. He also reviews the Research Triangle Park Financial Center’s (RTPFC) role in reviewing the FFR. - Returning Funds (27:38)
Mr. Puglisi reviews how to return funds to EPA and why you may be required to do so. - Contact Info (38:12)
Mr. Puglisi shares contact information for further questions. - Q&A (40:48)
Mr. Puglisi responds to questions from webinar attendees.