As research administrators responsible for all institutional research and related activities involving externally and internally sponsored projects, it is important to be conversant with a myriad of topics related to managing sponsored projects. Having an understanding of financial management is an important area for those who are in the pre-award and compliance as well as post award. As a result, this workshop will highlight the roles and responsibilities of the administrative/scientific staff while identifying the types of funding instruments institutions receive to support their research programs. The workshop will also highlight the administrative requirements specifically outlined within 2CFR 200 (Uniform Guidance) with in-depth discussions surrounding topics such as compensation, prior approval requests from sponsor, re-budgeting, cost transfers, cost sharing and standards regarding documentation for all expenditures and various ways to manage based on shared experiences.
Content Level: Basic
Learning Objectives:
- Understand ways to assure compliance with award requirements throughout the projects duration, closeout, and beyond;
- Learn the importance of developing a budget that is compliant and supports the scope of work being performed;
- Recognize how sound financial compliance administration can be bolstered by institutional policies and strong channels of communication/collaborations across the research enterprise
Prerequisites: None
Financial Management Certificate: Required Workshop
Speaker(s): Maria Soliman, Director, University of Iowa; Debra Murray, Assistant Vice President - Sponsored Programs Accounting and Compliance, University of Maryland, College Park