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The
University's Departments and Schools provident consistency
in the application of costs in the budgeting process by:
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Performing a detailed review of all proposals and the related financial narratives and budgets. |
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Developing adequate written justifications for any "unlike circumstance." |
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Obtaining a thorough understanding of unallowable, direct, and fiscal and administrative costs. |
The
University's Departments and Schools develop consistency
in charging sponsored award costs:
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Developing
effective, adequate pre-audit processes; adequate written
justifications for unlike circumstances that may arise after
award set-up by re-budgeting, transfer of charges kept to
a minimum, seeking prior approval from responsible parties,
etc.
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Obtaining
a thorough understanding of Cost Accounting Standards. |
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Ensuring
monthly review of project costs in a timely manner with the
required Principal Investigator's signature.
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