Post-Award
When does post award accounting start?
- During the proposal stage.
- Requesting what you really need: supplies, enough salary, equipment.
- Prespending allowable?
What is post award accounting?
- Knowing and understanding your agreement.
- Getting expenditures charged to the correct project.
- Reconciliation of charges, correcting mistakes immediately.
- Technical reporting. RSP responsible for financial reporting.
- No cost extensions, re-budgets, transfers, exceptional purchase request.
- Effort reporting.
- Review of unallowable and allowable cost per OMB Circular A-21 guidelines.
- Close out.
Last Updated: Mar 29, 2016 - 9:44 AM