Contracts & Grants Fund Accounting Series – SIGN UP NOW!

Contracts & Grants Accounting

Contracts & Grants Fund Accounting Series

Contracts and Grants Accounting offers classes that focus on fund accounting processes for sponsored projects. These classes are geared toward individuals that are relatively new to managing contract or grant award funds in a university setting but may also be helpful to all those that would like to refresh their knowledge of the current Federal regulations and research administration processes at UCI.

Enroll in these courses via the UC Learning Center (UCLC). Search for “CGS.”

·         COURSE #2 (CGS 2) Direct vs. F&A
Thursday, Aug. 22, 10:30 a.m. – 12 p.m.

Location: Zoom link will be emailed to registered attendees

This course is designed to help contract and grant fund managers understand and identify the difference between direct and facilities and administrative (F&A/indirect) costs. Topics include: the difference between direct and F&A costs, criteria for assigning costs and applicable credits, special circumstances and sponsor approval, and unallowable costs.

·          COURSE #6 (CGS 6) Ledger Reading and Award Closeout
Thursday, Aug. 29, 10:15 a.m. – 12 p.m.
Location: Zoom link will be emailed to registered attendees
This course is designed to help research administrators interpret award terms and conditions; and learn how to read and understand the award ledger (KFS Decision Support), budget allocations, financial reports, and award payment schedules. The second part of the course focuses on the proper financial closeout of an award, including closeout timeline and important deadlines, subcontractor monitoring, cost sharing commitments, outstanding expenditures, and document retention periods.

Register on UC Learning Center

Registration is required to attend and must be done through UC Learning Center (UCLC). To sign up for the sessions detailed above, search for “CGS” on the UCLC website and follow the instructions to register. A Zoom meeting link will be emailed to registered attendees.

Accounting & Fiscal Services
228 Aldrich Hall | Irvine, CA 92697-1050 | accounting.uci.edu