1. Introduction to Sponsored Projects Accounting
Navigating the University: Research & Resources Management Retreat
August 19, 2016

2. Mission
Sponsored Projects Accounting (SPA) is the central office overseeing post-award financial administration of sponsored research projects at USC.
Support compliance with sponsored research award terms and conditions, USC policies and procedures, Generally Accepted Accounting Principles (GAAP), and other applicable guidance.
Ensure prompt and accurate billing and collection with an efficient cash management system.
Facilitate good stewardship of sponsored funds through training and development, streamlined financial systems, and high professional standards.

3. What Does SPA Do? Financial Management of Research Awards
SPA works closely with your school, department, DCG and other centralized offices to manage and collect sponsored research funds.
Key functions:
Account setup
Invoicing
Financial Reports
Cost Transfers
Budget Reallocation
Letter of Credit Drawdown
Unobligated Balance Transfers
Financial Closeout

4. Lifecycle of an Award

5. SPA Organizational Chart
Executive Director
Manager
Supervisor
Letter of Credit Drawdown
Accountant I
CGB Fund Manager
Accounting Technician
Federal (Non-Letter of Credit)
Accounting Assistant
Industry, Non-profit, State and Local Government
Assistant Manager
Administrative/General Ledger
Receptionist
Accountant II

6. Contact
Ben Holstein Executive Director Sponsored Projects Accounting 3500 South Figueroa Street University Gardens Building (UGB) Suite