Financial Compliance: Cost Transfers: Minimizing the Need, Monitoring the Process and Managing the Risk

(90 minutes) Cost transfers have come under high scrutiny in recent audits. While the simplest suggestion is to prevent them altogether, in many cases they are unavoidable. This webinar will explore the federal requirements surrounding cost transfers and examine how two different institutions have implemented policies to monitor compliance and mitigate the risk associated with these types of transactions. We will discuss ways to ensure all cost transfers are appropriate, timely, and most importantly, sufficiently documented.   

Speakers:
Kristi L. Bazata, Director, Research Policy & Indirect Cost, Columbia University in the City of New York
Diana Weber, Assistant Director, Post-Award, University of Kansas Medical Center

Level: Basic
Prerequisites: None

Handouts will be available 24 hours before the live webinar. 

Closed Captioning for the live presentation is available at no additional fee. Sign in and click on the "Closed Captioning" link in the handouts tab or in the links box in the meeting room to access this feature. 

Member Price: $99
Non-Member Price: $118

  • Participants will become familiar with audit compliance issues related to documentation and timing of cost transfers.
  • Participants can expect to leave the webinar with best practices for minimizing the need for cost transfers and managing them appropriately when the transactions are necessary. These best practices will serve as a guide for participants to evaluate their own institutional policies for compliance.

Kristi Bazata

Director, Research Policy & Indirect Cost

Columbia University in the City of New York

Diana Weber

Assistant Director, Post-Award

University of Kansas Medical Center

Participants receive 1.5 hours of continuing education credits = .2 CEU's for each webinar.

You can access your certificate from the box on the right side of the screen, after filling out the webinar evaluation.

Watching in a group? Everyone watching the presentation can request a CEU certificate by writing down the verification code at the end of the webinar. Please make a note of the verification code as it will not be available after the webinar.

The main registrant can access instructions on the Group CEU tab for group participants to receive CEU certificates.

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