Why Effective Grant Accounting Goes Beyond the General Ledger
Find out why effective grant accounting can’t be handled sufficiently within a typical research institution’s general ledger.
Why Project Personnel Costs for Sponsored Research?
For today’s research-intensive organization, tracking personnel costs for sponsored research is a major factor. That’s because the majority of project costs stem from research personnel required to complete the project. Many departments, institutes, and universities...
Common Mistakes Associated With Recharge Centers
Research organizations have to manage a lot of compliance risks to ensure research operations are ethical and any audits go smoothly. One of the many areas to manage is the organization or university’s recharge center. What is a recharge center? A recharge...
Avoiding Audit Findings: Examples of Grant Fraud and How to Prevent It
In grant award audits, fraud is a key consideration. Let’s talk about audit findings related to defrauding government funds. Types of grant fraud According to the National Science Foundation (NSF)’s Possible Grant Fraud Indicators handbook, fraud related...
Monitoring Indirect Cost Encumbrances on Sponsored Projects
Monitoring indirect cost encumbrances of sponsored projects is a critical component of the indirect cost recovery process. Here’s how to do it.
