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This document outlines a webinar discussing the Federal Funding Accountability and Transparency Act (FFATA), its regulatory framework, compliance requirements, reporting obligations, and the impact
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How to fill out Federal Funding Accountability and Transparency Act (FFATA)

01
Gather necessary information: Identify the funding agency, recipient, and project details.
02
Visit the official FFATA reporting website.
03
Locate the appropriate form for your funding type.
04
Fill in the required fields including the DUNS number, amount of funding, and project description.
05
Provide any additional required documentation or certifications.
06
Review all entered information for accuracy and completeness.
07
Submit the form electronically through the designated platform.
08
Keep a copy of the submitted form for your records.

Who needs Federal Funding Accountability and Transparency Act (FFATA)?

01
Organizations receiving federal grants or contracts.
02
Non-profit entities funded by federal sources.
03
State and local governments receiving federal assistance.
04
Individuals or businesses applying for federal funding.
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The Excellence in Project Management Award recognizes students who effectively implement project management strategies to enhance their work.
The Schedule of Expenditures of Federal Awards (SEFA) is a financial statement schedule prepared by management that lists an organization's expenditures of federal assistance for the fiscal year by federal agency, grant number and amount.
— The term “Federal award” — (A) means the transfer of anything of value for a public purpose of support or stimulation authorized by a law of the United States, including financial assistance and Government facilities, services, and property; (B) includes a grant, a subgrant, a cooperative agreement, or any other
Award of the project means awarding, assigning or entrusting or leasing of any work or project or part thereof for execution, operation and maintenance; View Source.
The Federal Award Project Description clause defines the scope and objectives of a project funded by a federal award. It typically outlines the specific activities, deliverables, and timelines that the recipient must follow to comply with the terms of the grant or contract.

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The Federal Funding Accountability and Transparency Act (FFATA) is a U.S. law enacted in 2006 aimed at increasing transparency in federal spending by requiring the disclosure of information about federal funds awarded to entities.
Entities that receive federal awards, including grants, contracts, and cooperative agreements, are required to comply with FFATA reporting requirements.
To fill out FFATA reports, recipients must create an account on the FederalReporting.gov website, provide the required information about their funding, and submit reports according to established deadlines.
The purpose of FFATA is to promote transparency and accountability in federal expenditures by allowing the public to access information about how taxpayer dollars are spent.
FFATA requires reporting on various information, including the award amount, recipient information, place of performance, and the purpose of the funding, as well as the names and total compensation of the top five executives of the recipient.
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