What is a Cost Accounting Disclosure Statement?
Federal regulations (Uniform
Guidance 200.419) requires a university, including
the University of Vermont, with over $50 million of federal
sponsored agreements in a fiscal year to disclose its cost
accounting standards in a Cost Accounting Disclosure statement
The University's DS-2 articulates what cost types are typically direct charged to sponsored agreements and what costs are included in the University's rates (F&A rates, benefit rates, auxiliary/recharge rates). The Federally Government expects the University to adhere to its cost accounting standards as a business practice to prevent double charging on federally sponsored agreements do not occur.
Last modified July 03 2017 09:45 AM