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Sponsored Research Accounting Services, a unit under the purview of the Vice President for Finance and Administration, was established to provide an effective contract and grant management system to monitor compliance with fiscal and reporting requirements as established by Federal and State law, agency regulations, University policies and procedures and generally accepted accounting principles for sponsored projects awarded to the Florida State University. This includes the following:
- Establish and communicate policies and procedures necessary to ensure compliance with applicable contract and grant terms, Federal and State regulations and University policies and procedures.
- Establish effective cash management systems to ensure cash flow and the corresponding collection and deposits to respective contract and grant accounts.
- Develop, prepare and negotiate the indirect cost proposal for the University.
- Monitor departmental accounts for compliance with the cost accounting standards.
- Manage and allocate indirect cost funds collected by the University in accordance with University policies and procedures.
- Prepare special reports to ensure proper presentation of research efforts reflected at the State and national level.
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