Research Accounting is one branch of Florida Atlantic
University's Division of Research. The department is
responsible for the post award administration of externally
funded research programs and projects at the university. The
following list identifies the department's specific
functions:
- Establish new accounts for sponsored projects
- Establish cost share accounts
- Establish program income accounts
- Review and approve Purchase Requisitions, Expenditure
Transfer Forms, and Tuition Waivers on sponsored
projects
- Invoice sponsors
- Collect revenue from sponsors and follow up on
outstanding invoices
- Reconcile cash balances on sponsored projects
- Monitor the amount of cost share met on sponsored
projects
- Prepare and submit financial reports to sponsors
- Prepare and submit property reports to sponsors
- Close out expired sponsored projects
- Provide guidance on financial compliance issues for
sponsored projects
- Establish policies and procedures concerning the post
award administration of sponsored projects
- Provide training on grants management topics
- Monitor subrecipients
- Serve as a liaison with federal, state, sponsor, and
internal auditors
- Develop and negotiate the University's indirect cost rate
proposal
|