Full course description
Participants will become familiar with project related University management reports, accounts, forms and procedures. This practical workshop includes a thorough review of University accounting policy and reporting terminology. A review of the facilities & administrative (F&A) charge, property accounting, surplus and salvage, project income, and how collected F&A funds are used by the University will be described. Post-project activities will also be reviewed including federal and university reporting requirements, cost transfers, proper storage of project records, and underspent and overspent funds.