Berkeley
Fund Management
An intermediate workshop that supplements the prerequisite eCourse (Fund Management Basics), and covers the monthly reporting and reconciliation process (using PI Portfolio), including updating projections and processing corrective transactions such as expense transfers. This workshop is intended for new and veteran Post-Award RAs (either dedicated or hybrid), as well as any other staff that assist Faculty in administering sponsored awards. Experience using PI Portfolio is recommended. It is recommended that you complete the prerequisite eCourses prior to taking this class: Fund Management Basics (https://uc.sumtotal.host/core/pillarRedirect?relyingParty=LM&url=app%2fmanagement%2fLMS_ActDetails.aspx%3fActivityId%3d479155%26UserMode%3d0) Learning Objectives: - Understand the importance of implementing key financial controls throughout the life of an award - Perform the day-to-day monitoring and monthly reconciliation of all transactions for general propriety and accuracy - Provide PIs with consistent and accurate monthly reports on their fund expenses, balances, projections, and any issues that require action - Recognize the importance of processing corrective transactions in a manner that is accurate, timely, compliant, and well-documented
