OSRA- Research Accounting & Financial Compliance

The OSRA Research Accounting & Financial Compliance Team is responsible and committed to stewardship of sponsor programs and facilitating financial compliance with sponsor requirements, OMB Uniform Guidance, University policies, and related rules and regulations. Key responsibilities include:

Award Set up.

Monitoring and reviewing activities on sponsored projects including Banner budget entry, internal budget revisions, cost-share, and release time.

Monitoring for financial compliance on sponsored projects.

Monitoring participant support costs and program income.

Assumption of Risks (AOR).

Monitor IUCRC and Affiliates.

Prepare financial reports.

Subrecipient Monitoring.

Award closeout.

Managing external audit and desk reviews on sponsor awards.

Some Additional Resources:

UNC Systems Office of Grant Management: “Contracts and Grants Standards”

National Science Foundation NSF link for “Proposal & Award Policies & Procedures Guide“

Federal Agencies guidance on Prior approval matrix “Appendix A Prior Approval Matrix”

Stop Work Order Guidance/Procedure “Stop Work Order Guidance