When a grantee charges the government for equipment as a direct charge for equipment used in the fulfillment of grants the grantee retains possession of the equipment during and after the period of performance. Assuming the equipment has a useful life beyond one year, you or your accountant might think that the equipment is a [...]

The challenge of Grantees to attract and retain top employees is made more difficult given the Congressional statutory restriction imposed on Health and Human Services (HHS) Appropriations that limits the maximum rate of compensation that can be paid to an individual. The “salary rate cap” language contained in the NIH Grants Policy Statement limits the [...]

In general, the cost of staffing your Small Business Innovation Research (SBIR) Company´s accounting department is driven by the following three elements: 1. Number of employees 2. Annual revenue and volume of transactions 3. Reporting requirements and other terms and conditions imposed by contract or grant between your company and its customers. The administration of [...]