This webinar explores the allowability of expenditures charged to federally sponsored projects. The presenters will summarize fundamentals of the Cost Principles as they apply to federally sponsored project expenses, identify costs that are typically unallowable on federal awards, discuss areas of risk, and describe steps an institution can take to mitigate disallowed costs.
• Determine allowability of costs to federally sponsored projects
• Recognize the importance of context when determining cost allowability
• Identify typically unallowable costs
• Distinguish areas of risk associated with unallowable costs