This session will review the Cost Accounting Standards used to determine authorized spending of sponsored funding. We will discuss direct and indirect expenses, program income and types of cost sharing, with a focus on sponsor-approved methodologies. Faculty Effort Certification will be defined for participants followed by a series of examples demonstrating the right and wrong way to handle some common situations.
Executive Director, Management Accounting & Analysis
Michael D. Anthony is the executive director for Management Accounting and Analysis at the University of Washington. His primary responsibilities include the university's facilities and administrative cost rate proposal and negotiation, oversight of the effort certification process, and review and approval of institutional service center recharge rates.
Collectively, Mr. Anthony has over 40 years experience in university research administration at the University of Washington, University of California at San Francisco, Cornell, UCLA, Arizona State University, and the University of Rochester.
Mr. Anthony is an active member of National Council of University Research Administrators (NCURA), has served as chair for the Western Regional Conference on College Cost Accounting and was co-chair for the Federal Demonstration Partnership Subcommittee on the Allocation of Space Costs, part of the FDP Initiative to Reduce Administrative Burden.