The Biomolecular Research Center is offering this National Council of University Research Administrators (NCURA) webinar.
When: September 25, 2019- 12:00-1:30
Where: Interactive Learning Center (ILC) Room 202
Space is limited to 40 attendees.
For more information and to reserve a seat: contact Rhiannon Wood, rhiannonwood@boisestate.edu
Description:
Cost transfers have come under high scrutiny in recent audits. While the simplest suggestion is to prevent them altogether, in many cases they are unavoidable. This webinar will explore the federal requirements surrounding cost transfers and examine how two different institutions have implemented policies to monitor compliance and mitigate the risk associated with these types of transactions. We will discuss ways to ensure all cost transfers are appropriate, timely, and most importantly, sufficiently documented.
After participating in this webinar, learners will be able to:
- Participants will become familiar with audit compliance issues related to documentation and timing of cost transfers.
- Participants can expect to leave the webinar with best practices for minimizing the need for cost transfers and managing them appropriately when the transactions are necessary. These best practices will serve as a guide for participants to evaluate their own institutional policies for compliance.