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The principles provide for recognition of the full allocated costs of federal grants and contracts with no provision for profit or other increment above actual incurred, documented costs.<br /> | The principles provide for recognition of the full allocated costs of federal grants and contracts with no provision for profit or other increment above actual incurred, documented costs.<br /> | ||
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Service centers also must follow three additional regulations stated in the [http://www.whitehouse.gov | Service centers also must follow three additional regulations stated in the [http://www.whitehouse.gov/omb/circulars/a133_compliance_supplement_2011 A-133 Compliance Supplement] (document page 3-B-39 & 3-B-40): | ||
*capital reserves (cash balance at fiscal year end) are not to be in excess of 60 days of annual expenses. | *capital reserves (cash balance at fiscal year end) are not to be in excess of 60 days of annual expenses. | ||
*billing rates must exclude unallowable costs (see Policy 6103). | *billing rates must exclude unallowable costs (see Policy 6103). | ||
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*[http://info.unmc.edu/dept/accounting/index.cfm?CONREF=5 Accounting Information Manual] | *[http://info.unmc.edu/dept/accounting/index.cfm?CONREF=5 Accounting Information Manual] | ||
*[[Unallowable Cost Policy|Unallowable Costs Policy, UNMC Policy No. 6103]] | *[[Unallowable Cost Policy|Unallowable Costs Policy, UNMC Policy No. 6103]] | ||
*[http://www.whitehouse.gov | *[http://www.whitehouse.gov/omb/circulars/a133_compliance_supplement_2011 A-133 Compliance Supplement] | ||
*[http:// | *[http://info.unmc.edu/dept/accounting/index.cfm? General Ledger Account Listings] | ||
*[http://info.unmc.edu/dept/fincompliance/index.cfm?L1_ID=2&CONREF=24 Rate Setting Procedure]<br /> | *[http://info.unmc.edu/dept/fincompliance/index.cfm?L1_ID=2&CONREF=24 Rate Setting Procedure]<br /> | ||
This page maintained by [mailto:dpanowic@unmc.edu dkp]. | This page maintained by [mailto:dpanowic@unmc.edu dkp]. |