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Indirects Kristy Ford 01 Jul 2008 10:23 EST

We have been discussing how to handle indirects (F&A) that we receive and cannot quite come to an agreement.  My institution is a medical center affiliated with a university and has an approved federal rate.  Some want to distribute the indirects to the departments, sponsored programs, research institute, etc., and others want all of the indirects to go into one large revenue account to offset the hospital's cost of conducting research.  What do some of your institutions that may be similar to mine do with your indirects?

Also, are you tracking how your indirects are spent?  I know that some institutions distribute indirects to a number of departments, who can then spend those funds from it's own budget.  However, we received a recommendation from our auditor to simply have all indirects go into a revenue account, in which you do not actually spend those funds and therefore do not have to account for them.

Thanks!
Kristy

Kristy Ford
Grant Management Manager
Memorial University Medical Center
Savannah, GA  31404
(912)350-6379

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