2.5.6 - Accounting Office


The Accounting Office is responsible for all fiscal administration of grants and contracts, including the following:

  • Serves as contact point with sponsors on fiscal matters
  • Establishes and interprets institutional financial policies
  • Ensures consistent application of federal policies for fiscal management and procurement
  • Assists PIs/PDs in fiscal post-award administration
  • Prepares indirect cost proposals and negotiates rates with federal government
  • Assumes responsibility for
    • establishment of accounts
    • procurement, processing of expenditures, and associated fiscal reporting
    • submission of fiscal reports to sponsors
    • close-out of accounts