As outlined in OMB Circular Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards subpart F educational institutions are responsible initiating annual audits of federally sponsored research awards that address the adequacy of internal policies and procedures and verify compliance with federal laws and regulations, determine compliance with the general requirements, and determine compliance with specific requirements.
The OSP staff is responsible for coordinating audits with external auditors. It is the policy of the College that a member of the OSP staff will be present at each audit being performed by an external sponsor. At times auditors may request interviews with College personnel or wish to tour a particular College facility. External auditors will be accompanied by a member of the OSP staff during any such interview or tour of a College facility.
Revised March 21, 2015
Last Updated: 3/21/15