The Restricted Accounting Office (RA) is responsible for grant award accounting, compliance with governmental and grantor regulations, completing grant audits including the A-133 audit and negotiating the facilities and administrative (Indirect) cost rate for the University. RA works closely with the Office of Sponsored Programs and Research (OSPR), Corporate and Foundation Relations and Principal Investigators (PIs) to ensure all government and private awards are accounted for and reported properly.
RA assists PIs and budget managers with questions related to financial activity in the fund 5xx series. RA prepares and submits all financial and cost share reports and invoices to grantors. Other functions performed by RA include:
| Managing accounts receivable | Cost sharing |
| Cash Mangement | Monitoring sub-recipients |
| Letter of credit draws | Time & effort certifications |
| Award set-up | Risk analysis |
| Budget maintenance | Salary reallocations |
| Training | Expenditure allowability analysis |
| Interest calculations | Reconciliations & grant close outs |
Policy
Information on the responsibilities of all university departments involved with Grants at DePaul can be found in the Administration of Externally Funded Grants and Contracts Policy and the Matrix of Roles and Responsibilities for Administration of Externally Funded Grants and Contracts that can be accessed from the policy.
On-line Training
External grants training can be found here.
Internal grants on-line training modules focus on key aspects of internal grant administration. These modules which can each be completed in less than ten minutes explain and illustrate procedures for internal grants. The modules provide an introduction to grants administration for those who are new to it, as well as a reference tool for more experienced managers.
Location
The RA office is located on the 19th floor of the CNA building (Loop campus) near Accounts Payable. Contact information is available via the Financial Affairs Directory.