Cost Accounting

Chesapeake BuildingThe Sponsored Programs Cost Accounting office is the designated unit responsible for assisting the University with the interpretation and application of cost principles related to research activities.

Cost Accounting has responsibility for:
  • Providing training, oversight, and guidance for the University's Effort Reporting process to ensure compliance with federal regulations.
  • Calculating and negotiating the federal reimbursement rate for facilities and administrative expenses incurred in support of sponsored research and other sponsored projects.
  • Providing rate development guidance for the units that provide goods or services primarily to internal University operations that include federally funded grants/contracts (i.e. research centers with specialized service centers including animal care facilities).
  • Calculating and negotiating the federal reimbursement rate for Leave and Prorated Direct Cost used on designated federal contracts and grants.
  • Preparing NSF survey and ad-hoc expense reporting.
  • Providing guidance to the campus on cost principles as outlined in federal regulations.
  • Partnering with Office of Research Administration on training initiatives.


Cost Accounting Contacts

 

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Division of Research
University of Maryland
College Park, MD 20742-1541

Email vpr AT umd.edu
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