What does Accounting Services for Research and Sponsored Programs do?
Accounting Services for Research and Sponsored Programs (ASRSP) provides financial status reports to government and private sponsors, generates invoices, deposits revenue, and collects outstanding receivables for sponsored projects. ASRSP also provides CUFS level 4 and 5 approvals for transactions, administers the Effort Reporting System, inventories government titled equipment, and coordinates the annual A-133 audit along with other audit activity. • What is a sponsored project? A sponsored project may be thought of as a transaction in which there is a specified statement of work with a related, reciprocal transfer of something of value. A sponsored project may support University activities including but not limited to research, training, instruction, public service and construction. Any funding provided by U.S. government agencies, at the federal, state, or local level is treated as sponsored project funding. Funding from voluntary health organizations or associations, such as the Am
