The Financial Research Administration Workshop is a two and one half-day professional development opportunity that focuses primarily on the financial aspects of research administration. This workshop provides an in-depth look at financial compliance issues through a combination of lecture, case studies, review of Federal audit reports, and a discussion of best practices. The workshop presents the financial issues of sponsored programs management using a ‘cradle-to-grave’, award lifecycle approach, and discusses the impact of the financial issues at each stage of award management.
Who Should Attend:
Whether you are a research administrator in a department, a post-award office, a combined sponsored programs office that supports pre- and post-award functions, or a pre-award office that wants to understand how their functions support the post-award functions, this program will help you help you, your institution, and your faculty. Attendees are encouraged to have a minimum of two years of sponsored projects administration experience.
What Participants can expect:
After completing the Financial Research Administration Workshop, participants will be able to:
- Apply the principles the federal circulars that govern Federally sponsored agreements to work at their home institutions, including costing at the pre-award and post-award stage;
- Identify the differences between various types of funding instruments;
- Recognize the various roles and responsibilities of principal investigators, departmental research administrators and central office research administrators;
- Understand the key financial issues in award management, including cost sharing, effort reporting, cost transfers and procurement cards
- Help your institution to manage the high risk financial issues in award management and help to reduce potential audit findings
- Understand the function of service centers in sponsored agreements;
- Understand the importance of subrecipient monitoring in research administration;
- Take away “lessons learned” from Federal audits and best practices at other institutions
