Accounting for Sponsored Projects
There is shared responsibility between the Office of Contracts and Grants (OCG) andÌýResearch Financial Services (RFS) within the Campus Controller's Office (CCO)Ìýduring the award management and closeout phases of a sponsored research project.Ìý
Research Financial Services (RFS) ensures proper management and financial oversight for sponsored projects. RFS prepares financial reports and invoices, manages all revenue cycle activities for the research enterprise, coordinates financial closeouts, and works directly with OCG to coordinate information for post award activities.Ìý
RFS works closely with campus partners to manage all aspects of the financial post award lifecycle including award setup, invoicing, revenue management, compliance monitoring, and closeout.
There are numerous resources available on the CCO website, including: