In this course you will learn the general cost principles for U.S. federal grants, probably the most important set of regulations in regard to federal grants.

In this course, two retired Federal Regional Inspectors General will take you through the general cost principles for federal grants. General cost principles are the rules that govern whether a cost, any cost, is acceptable to be charged to a federal grant. Many people consider the general cost principles the most important set of regulations covering federal grants. Therefore, if you are involved with federal grants, as an awarding agency, as a grantee, or as an auditor examining those grants, it is essential that you thoroughly understand them.
Who Should Attend: Grantee and pass-through organizations, federal grant personnel, and auditors of federal grant programs
Field of Study: Auditing (Governmental) Some state boards may count credits under different categories—check with your state board for more information.

Retired U.S. Government Regional Inspector General
Until his retirement in October 1996, Sefton Boyars had been the U.S. Department of Education's Regional Inspector General for Audit in Regions IX and X for sixteen years. During his 35-year career, Mr. Boyars worked for a variety of federal government audit agencies and a California county. Until 2019, Mr. Boyars was active in his profession. He was a member of the California CPA Society and was a long-time chair of his chapter’s combined committee on Accounting Principles and Auditing Standards and Government Accounting and Auditing. He served on the Qualifications Committee of the California State Board of Accountancy for three years. Mr. Boyars is a Certified Public Accountant (Retired) and a Certified Government Financial Manager (retired). He is a past chair of the Western Intergovernmental Audit Forum and often served as chair or co-chair of its subcommittees and roundtables. Mr. Boyars is a Past President of the San Francisco Chapter of the Association of Government Accountants. Mr. Boyars is an experienced trainer and has taught for numerous organizations, including federal, state and local governments, professional associations, the California CPA Education Foundation, the USDA Graduate School and Management Concepts, Incorporated. He received AGA’s National Education and Training Award for 1998. He was a co-author of the Association of Government Accountants’ study guide for Course 3 of the Certified Government Financial Manager: Governmental Financial Management and Control. He is also co author of four online text courses relating to governmental auditing and federal grant rules and regulations.