Diana Hyde <xxxxxx@MAILER.FSU.EDU gave an excellent description of the
rationalle VCU has used in determinig the amount of monitoring needed.

Our accountants insist that the cost of monitoring is a G&A expense, and
gets into the F&A pools.  Theh practical problem is, who has the budget to
pay for this monitoring if it is more than a cursory desk audit?  We do not
have any such budget, so this causes pressure against high-level monitoring.

A point: many commercial firms can routinely provide detailed
computer-generated cost records, making a desk audit easy.

Herbert B. Chermside, CRA
Director, Office of Sponsored Programs
Virginia Commonwealth University
PO BOX 980568
Richmond, VA  23298-0568
Express Delivery:
  Sanger Hall, Rm. 1-073
  11th & Marshall Sts.
  Richmond, VA  23219
Phone:    804-828-6772
Fax       804-828-2521
OFFICE e-mail      xxxxxx@vcu.edu
PERSONAL e-mail   xxxxxx@vcu.edu