Welcome
The Sponsored Projects Accounting Department (SPA) works with University of Tennessee faculty and staff who have received external funding for projects in order to ensure the projects' funding accountability.
Our responsibilities include the following:
- Establish all restricted WBS elements for sponsored projects and gift accounts that are not related to endowment funds.
- Provide accurate and timely invoices and financial reports to sponsors.
- Ensure the rapid collection of all monies owed to the University under these awards.
- Ensure accurate application of sponsored projects payments to the appropriate outstanding invoices or directly to the appropriate WBS elements.
- Provide regulatory guidance to principal investigators, department heads, and departmental accounting staff.
- Request and distribute funds from federal agencies under letter of credit system.
- Act as primary point of contact for external audits.
- Provide training to university personnel on accounting procedures for sponsored projects.
Updated
04/29/2008 3:24 PM
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