1.3 Accountability of Research Grant funds

Research Organisations in receipt of research grant funds from STFC are expected to ensure that there are reliable systems and processes in place for controlling the receipt and disbursement of those funds in accordance with established guidelines for the care of public funds.

The Joint Research Councils Funding Assurance Programme provides an annual programme of visits to award holding bodies (mainly universities) to assess the process, procedures and controls in place around the administration of research funds.

Research Organisations are expected to ensure that their grant expenditure records will allow a reasonably convenient inspection of the direct charges to grants during the course of a Funding Assurance Programme visit.
 

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