Clinical Research staff in Sponsored Programs work closely with the Northern Light Health Grant Accounting Office, which reviews all Notices of Grant Award and establishes a new fund number for a newly-awarded grant or contract. The Grant Accounting Office in collaboration with Sponsored Programs develops line-item budgets, including the budgeting of facilities and administrative costs, that are in accordance with the award budget and funding agency regulations. Budget statements are reconciled on a monthly basis for each funded study.
The Northern Light Health Grant Accounting Office is responsible for financial audits of federal grants and for all financial reporting requirements of funded studies.