Every funding agency has its own rules and regulations. Not knowing them can lead to serious compliance issues—and is our #8 mistake government awardees make.
The NIH wants you to use an SBIR-compliant accounting system, and one of the key elements of that system is proper numbering or coding. This blog explains how this works and how it benefits you and your government grant.
The 6th blog in our "Mistakes" blog series discusses the headaches and dangers that come from hiring CPA who doesn't know the highly specialized field of government award accounting.
The 3rd in our "Top 10 Mistakes Government Awardees Make" blog series is all about overspending on direct costs—how it happens, what it can mean and how to prevent it.
In #2 of our "Top Mistakes Government Awardees Make" blog series, it's all about the FAR-compliant account system and the serious issues that can arise if you don't have one. Read on and learn how to stay safe.
Too often, brilliant awardees get federal funding then try to do their own SBIR accounting. This can lead to all sorts of issues—including taking innovators away from their true work.