Sponsored Agreements - Accounting for Allowable and Unallowable Costs
Policy on Accounting for Allowable and Unallowable Costs on Sponsored Agreements establishes guidelines for the charging of allowable costs on sponsored agreement which are consistent with federal, state, city and private grantor regulations. Relevant regulations include Office of Management and Budget (OMB) 81 which is also known as the Uniform Guidance (UG) and Federal Cost Accounting Standards (CAS) 505.