Financial administration · Member lesson preview
Build an award closeout plan
Build separate recipient and subrecipient timelines, reconcile an unpaid obligation and excess cash, and assign responsibilities that continue after closeout.
What you will practice
- Build separate reporting and liquidation calendars for a recipient and a subrecipient.
- Distinguish an existing unpaid obligation, unused award authority and excess cash.
- Identify the approval and evidence needed before changing a closeout deadline.
- Assign ownership of refunds, records and other responsibilities that survive closeout.
The case: Prepare Pine River's closeout handoff
The full lesson includes a worksheet, a worked answer and an explained knowledge check.
An active Professional Learning membership is needed to open this lesson. No contact hours are awarded.