Sponsored Account Monitoring & Compliance Training
The Fiscal Oversight Team performs limited expenditure monitoring based on the requirements unique to Sponsored Accounts. Targeted training to enhance understanding and compliance is provided based on opportunities identified through monitoring, or by request.
In particular, expenditures identified as Cost Accounting Standards (CAS) exception items are regularly reviewed. Guidance related to CAS exceptions can be found in the CAS Sitelet.
Requests to review documentation in support of specific sponsored expenditures will not require providing any additional documentation beyond what is generated at the time of expenditure. Fulfilling documentation requests from Fiscal Oversight should simply require transmitting existing documentation already on file.
Regular monitoring is an additional safeguard to help ensure compliance with the Office of Management and Budget Uniform Guidance 2 CFR Part 200 and other applicable regulations governing sponsored activity.
For further information about routine monitoring and oversight or to clarify any specific review requests received, please contact the Fiscal Oversight Team.