1,619
edits
Compliance Program: Difference between revisions
→Sponsored Programs Accounting
| Line 105: | Line 105: | ||
*'''Authorizes Awards by''' establishing accounts and setting up budgets for all federal, non-profit and for-profit awarded grants and contracts based on sponsor regulation, processing budget revisions, no-cost extension requests and grant transfers. | *'''Authorizes Awards by''' establishing accounts and setting up budgets for all federal, non-profit and for-profit awarded grants and contracts based on sponsor regulation, processing budget revisions, no-cost extension requests and grant transfers. | ||
*'''Tracks Submissions and Awards by''' maintaining the grant and contract database, tracking pending and funded projects, and monitoring the processing of proposals and awards. | *'''Tracks Submissions and Awards by''' maintaining the grant and contract database, tracking pending and funded projects, and monitoring the processing of proposals and awards. | ||
=====[http://info.unmc.edu/ | =====[http://info.unmc.edu/management/finance/spaccounting/ Sponsored Programs Accounting]===== | ||
Sponsored Programs Accounting is responsible for the post-award administration of grants and contracts. After an award is received, Sponsored Programs Accounting sets up the WBS account and inputs the budget. All cash collections related to grants, contracts, donations, wills or trusts are recorded by Sponsored Programs Accounting. The department reviews the reasonableness and appropriateness of expenditures for sponsored program activities and approves Cost Transfer Forms. The Personnel Activity Reporting for federal programs is administered by Sponsored Programs Accounting and involves the set up of cost sharing cost centers for tracking cost sharing on grants. Other responsibilities include: preparing financial reports for sponsoring agencies, reporting for annual financial audit under Generally Accepted Accounting Principles, compliance and reporting for the annual A-133 audit, and sub-recipient review of subcontractors. | Sponsored Programs Accounting is responsible for the post-award administration of grants and contracts. After an award is received, Sponsored Programs Accounting sets up the WBS account and inputs the budget. All cash collections related to grants, contracts, donations, wills or trusts are recorded by Sponsored Programs Accounting. The department reviews the reasonableness and appropriateness of expenditures for sponsored program activities and approves Cost Transfer Forms. The Personnel Activity Reporting for federal programs is administered by Sponsored Programs Accounting and involves the set up of cost sharing cost centers for tracking cost sharing on grants. Other responsibilities include: preparing financial reports for sponsoring agencies, reporting for annual financial audit under Generally Accepted Accounting Principles, compliance and reporting for the annual A-133 audit, and sub-recipient review of subcontractors. | ||
====[http://info.unmc.edu/management/finance/fincompliance/ Financial Compliance and Cost Analysis]==== | ====[http://info.unmc.edu/management/finance/fincompliance/ Financial Compliance and Cost Analysis]==== | ||
Financial Compliance and Cost Analysis (FCC) '''monitors compliance with campus cost accounting standards (CAS)''' found in OMB Circular A-21.<br /> | Financial Compliance and Cost Analysis (FCC) '''monitors compliance with campus cost accounting standards (CAS)''' found in OMB Circular A-21.<br /> | ||