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Scheduled Program
About the Certification Program
Certification Process
Testing Information
Adjunct Faculty
Maintaining Your Certification


Date: Not currently scheduled.


Since 1985, Falmouth Institute has provided trusted and effective training on Tribal Finance to numerous
tribes and tribal organizations. With this history and experience, we are proud to introduce our 
Tribal Financial Oversight Certification Program.

The Tribal Financial Oversight Certification Program demonstrates dedication to professional development.
Achieving this designation will help prepare tribal employees for increased responsibility and more complex
tasks within their positions.

Designed with the non-financial professional in mind, this program will provide you with an overview of all the financial data and regulations that impact your tribe and prepare you for our online qualifying exam.

T O P I C S   I N C L U D E
  • Types of budgets
  • Role of the budget function
  • Coordinating budgets
  • Budget documents
  • Budget data management
  • Budget calendar
  • Grant budgeting
  • Monitoring and reporting
  • Performance-based budgeting
  • Budgeting resources
Contracting and Purchasing Procedures
  • Tribe as the prime contractor
  • Subcontract requirements
  • Purchasing and contracting roles and responsibilities
  • Solicitation and award
  • Statement of work
  • Types of bidding
  • Cost and price analysis
  • Types of contracts
  • Fraud indicators
An Overview of Indirect Cost and OMB Cost Principles; and Grants and Cooperative Agreements with State and Local Governments
  • Indirect vs. direct cost
  • The base
  • IDC rate formula
  • Direct vs. salary base
  • Types of rates
  • Types of funding
  • Changes in pool and base
  • Shortfalls
  • Caps
  • Large vs. small pool
  • Carryforward
  • Minimizing over-and under-recovery
  • Exclusions
  • Reviewing and submitting proposals
  • Contract support costs
  • Multiple rates
  • Shared costs
  • Allowable costs
OMB Cost Principles in Focus
  • Structure
  • Allowable, reasonable and allocable costs
  • Questioned costs
  • P.L. 93-638 funding
  • Cost allocation plans
OMB Grants and Cooperative Agreements with State and Local Governments in Focus
  • Grants and Cooperative Agreements with State and Local Governments vs. Common Rule
  • Pre-and post-award requirements
  • Federal assistance forms
  • Grant appeals procedures
Internal Controls
  • Management's responsibilities
  • Limitations of internal controls
  • The control environment
  • Audits
  • Evaluating and designing an internal control framework
  • Controlled related policies and procedures
  • Accounting systems
  • Compliance for federal programs
  • Management assertions
  • Financial reporting controls
  • Fraud detection and prevention
Understanding the Single Audit Act and the OMB Super Circular
  • Single Audit Act (Policy)


Become certified by completing these simple steps:

The Falmouth Tribal Financial Oversight Certification Program can also be delivered as an Onsite Program for organizations seeking to certify at least seven participants. To discuss onsite training opportunities, please call Falmouth at 800-992-4489, ext. 119.


To receive your Tribal Financial Oversight Certification, you must pass the online qualifying exam.*

*Testing accommodations are available to those with a documented disability. Please contact Falmouth at 1-800-992-4489 or info@falmouthinstitute.com to discuss your particular situation. You must request accommodations when you register for the Certification Program for accommodations to be guaranteed.


Falmouth takes pride in its exceptional faculty. We only work with outstanding trainers who have years of specialized Indian Country experience and who are experts in their fields. You can expect your instructor(s) for this program to deliver top quality training suited to your unique needs as a tribal professional with financial oversight responsibilities.


Your certification is valid for one year from the date it is issued. To maintain certification, you must:

Qualified classes include any of the following Falmouth Institute trainings (2 or 3 days):