BEGIN:VCALENDAR PRODID: 1 VERSION:2.0 METHOD:PUBLISH X-WR-TIMEZONE: America/Los_Angeles DTSTAMP: 20260506T054208 BEGIN:VEVENT UID: info@vconferenceonline.com SUMMARY:Direct Cost Allowability: Assessing Allowability of Costs from Budget to Closeouts PRIORITY:0 CATEGORIES:SESSION CLASS:PUBLIC DTSTART:20210324T140000 DTEND:20210324T151500 URL: https://event.vconferenceonline.com DESCRIPTION:
This session will cover the cost principles that determine cost allowability on sponsored projects. We will review direct cost application from budget development time through audits. Will cover the basics of budget development in the context of interpreting sponsor requirements and conformance with understanding of university, State and Federal policies and regulations, while ensuring compliance with sponsor's guidelines/policies. Review budget figures and budget justification. We will discuss about cost allowability, throughout the life of the award, mis-categorizing costs and how to distinguish differences between stipends, salaries and wages for student compensation, sub-awards, consultants / professional services, participant support costs vs. human subjects payments, Post-Doctoral Fellow vs. Post-Doctoral Associate, service agreements. International travel under Fly America Act and Open Skies Agreements. How to analyze your costs at the closeout time in the context of Uniform Guidance Subpart E. Unallowable costs and consequences of audits. LOCATION: END:VEVENT END:VCALENDAR