FUNCTIONS OF RESEARCH ACCOUNTING

Research Accounting is one branch of the Division of Research. Our office is responsible for the post award administration of externally funded research programs and projects at Florida Atlantic University. The following list identifies our 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

Please direct questions and comments to Edwin Bemmel.

Updated November 2009