Class Description

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Title: GRASP Class 4 & 5: Negotiation, Acceptance & Award Management and Prior Approval, Audits & Reporting
Instructor: Melissa Mottley, Assistant Director of Pre-Award & Brad Langford, Director of Post Award    
Location: Zoom
Examines the agreement review process and challenges commonly involved in negotiating and accepting awards and presents an overview of the account number set-up and access in IMS. We will discuss the fiscal compliance requirements involved in managing externally funded projects, and learn to differentiate between allowable and unallowable costs. The session also provides an overview of the invoicing and payments processes, financial reporting, and subrecipient requirements. Examine the actions that require prior approval of the sponsor, types of audits that can be conducted, and types of reports that are often required for sponsored projects.