This workshop examines key issues to budget development, review and monitoring and explores a research administrator's role in service to the sponsor, institution and investigator. Special attention will be paid to assessing project costs, including personnel, consultants, equipment, supplies, travel, subcontracts, total direct costs, income, facilities and administrative (F&A) costs vs. salary and wage base and cost sharing. In addition, sponsor guidelines, institutional polices and the financial precepts of 2 Code of Federal Regulations (CFR) 200 (Uniform Guidance) will be covered. "Why do we have to do this?" and "Where are the guidelines that say that?" are key questions that will be answered.
Content level: Basic
Learning objectives:
- Identify core costs related compliance expectations associated with federal funding.
- Support proposal and award management activities consistent with federal regulations.
Prerequisites: None
Speaker(s): Erin Bailey, Chief Financial Officer, CTSA, University of Buffalo; Timothy Schailey, MS, Director, Research Administration, Thomas Jefferson University