Invitation to Attend a Financial Management Oversight Seminar

Number C-01-09
9/23/2001
U.S. Department
of Transportation
Administrator

    400 Seventh St. S.W.
    Washington, D.C. 20590

Federal Transit
Administration

 

Dear Colleague:

As the new Federal Transit Administrator, it is my pleasure to invite you to attend one of the FY 2002 Federal Transit Administration (FTA) Financial Management Oversight Seminars. FTA has been conducting these seminars for seven years, and the feedback we get from FTA grant recipients continues to be very positive.

During FY 2002, FTA will conduct one seminar in each of the following cities: Kansas City, Atlanta, and Washington, DC. These seminars are a part of our ongoing oversight efforts to enhance financial management systems and financial capability throughout the transit industry, consistent with the objectives of our Financial Management Oversight program.

The two-day seminar provides a forum for assessing financial and operating risks as well as learning about good internal control concepts and the importance of the internal audit departments. Working together, we can help ensure a better understanding of how to establish and maintain financial management systems that meet the requirements of the Common Rule (49 CFR, Part 18). In addition, the seminars have a financial capacity module to prepare grantees for a Financial Capacity Assessment. The module includes guidance on how to prepare a financial plan.

FTA encourages chief financial officers; internal auditors; and financial, project and grant managers to take advantage of these seminars. Attendance at each seminar is limited to approximately 50 participants. To ensure attendance at the seminar of your choice, please complete and return the registration form as early as possible.

Sincerely,
Jennifer L. Dorn
Administrator