Cost Accounting assists in the interpretation and application of the cost principles related to grants and contracts. This is accomplished by the following:
- Interpretation of the cost principles as outlined in Uniform Guidance
- Preparation of the Facilities & Administrative (F&A) Rate Proposal
- Maintenance of the Cost Accounting Standards Board (CASB) Disclosure Statement for Educational Institutions (DS-2)
- Assistance in the establishment and review of Service Center rates.