RAC 660 - Sponsored Research Management and Oversight (3 Credits)

Prerequisite: RAC 600
This course will provide an in-depth understanding of internal controls and the audit process as applied to sponsored programs through regulation outlined in 2 CFR 200 and the government published guidelines on internal controls and financial audits. Students will be required to actively participate by choosing an area of research administration in which they will create policies, processes, and documented internal controls. After creating these documents, they will use sample data to perform a small audit of the area they have already studied, culminating in a mini audit report for that area.