This course drills into Subpart E of 2 CFR 200 to give participants a practical command of cost allowability, allocability, and reasonableness. Through targeted discussion and hands-on cases, learners practice applying selected item rules, documenting judgments, and preparing for audits.
By the end, participants will be able to summarize key cost principles; distinguish direct and indirect costs; evaluate selected items of cost; and prescribe documentation and internal control practices that withstand audit scrutiny.
Best for program, finance, and grants staff who review budgets, process payments, or monitor recipient costs and need to make consistent, defensible allowability decisions.
Students should have prior experience in federal grants or financial management, including familiarity with direct and indirect cost concepts, budget review processes, and basic compliance or audit preparation practices.
Receive instruction from subject‑matter experts who bring proven government experience.
Courses that are regularly updated based on feedback and industry developments, ensuring versions are mapped to federal competencies.
The instructor was wonderful and so knowledgeable. The course materials were extremely relevant to what my job is. I feel like I can be better because of this class.
— 2025 student
Directly addressing the day-to-day challenges of federal employees.
Your trusted training partner, equipping public service professionals with the skills and knowledge to excel in their roles and drive meaningful impact.
Attend this course Live Online. Engage with expert instructors, ask questions, and get feedback on your exercises and projects.
At Graduate School USA, you’ll learn in small groups and receive personalized attention.
Get the same interactivity and access to the instructor as in-person students. There are no extra fees and we’ll work with you to ensure your remote setup is perfect.
Upon completion of this course, you’ll receive an official certificate testifying to your mastery of the curriculum. We’ll send you a link where you can download your certificate, share it online with your friends, post it to your professional network on LinkedIn, and view all your earned certificates. Congratulations on your achievement!
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Since 1921, Graduate School USA has partnered with over 125 federal agencies and trained more than one million federal employees. Led by instructors with deep, real-world knowledge of federal regulations, policies, and practices, our private group programs are practical, mission-driven, and tailored to your agency’s objectives. We offer expertise across key federal domains—including human resources, financial management, acquisition and contracting, leadership, and more—to deliver training where and how your team needs it.
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