Compliance Audit Report Index
    

 


The institution maintains financial control over externally funded or sponsored research and programs.

 

 
 


Southeastern is in compliance with Financial and Physical Resources Comprehensive Standard 3.10.5.

 

 
 


Southeastern's participation in externally funded research programs includes both direct and pass-through awards, with the majority of total dollars (including student financial assistance) originating from the U.S. Department of Education as shown below.

Table 1
Total Dollars Received From External Sources

Fiscal
Year

Total
Dollars Received

2001
$16,957,356   
2002
$20,306,673   
2003
$22,973,827   

Available for review are the following financial statements. Schedule 8 of each statement details the schedule of expenditures for federal awards.

Southeastern publishes comprehensive policies and procedures for both pre-award and post-award financial management of externally funded research and other sponsored programs. Established by the Office of Sponsored Research and Programs, these guidelines provide instruction for the duration of the sponsored programs from the planning process through close out requirements.

The Office of Sponsored Research and Programs is responsible for administrative coordination of review and approval of proposals for external funding submitted by and involving Southeastern. The Controller's Office is responsible for the review of the budget, cost sharing items, and similar financial issues related to the grant program. The Provost reviews and awards final institutional approval.

All grant applications follow the procedures set forth by the External Funding Proposal Routing Form. Once a grant is awarded and notification is received by the Office of Sponsored Research and Programs, paperwork is then forwarded to the Controller's Office for budget set-up and financial administration. The Assistant Controller over Grants Accounting continuously monitors the grant operations by performing internal audit reviews, report validations, and financial counseling, using the cost principles established in Office of Management and Budget (OMB) Circular A-21.

In addition to Southeastern's internal processes and controls, all federal grant programs, as well as federal financial aid programs, are audited as part of the annual A-133 OMB Audit Criteria. As indicated in the Management Letter for 2003, there were no findings.


 
 
Document

Location

Southeastern's Annual Financial Statement Year ended June 30, 2001 Schedule 8

http://www2.selu.edu/documents/docs/financial_statement_2001.pdf

Southeastern's Annual Financial Statement Year ended June 30, 2002 Schedule 8

http://www2.selu.edu/documents/docs/financial_statement_2002.pdf

Southeastern's Annual Financial Statement Year ended June 30, 2003 Schedule 8

http://www2.selu.edu/documents/docs/financial_statement_2003.pdf

Office of Sponsored Research and Programs Handbook

http://www2.selu.edu/Academics/OSRP/handbook.html

Southeastern Louisiana University External Funding Proposal Routing Form

http://www2.selu.edu/Academics/OSRP/OSRP_Routing_Form.pdf

United States Office of Management and Budget, Circular A-21

http://www.whitehouse.gov/omb/circulars/a021/a021.html

Local Copy:
http://www2.selu.edu/sacs/documents/Circular_No_A-21_1.htm

United States Office of Management and Budget, Circular A-133

http://www.whitehouse.gov/omb/circulars/a133/a133.html

Local Copy:
http://www2.selu.edu/sacs/documents/Circular_No_A-133.htm

Southeastern's Legislative Audit Management Letter 2003

http://www.lla.state.la.us/fc/slu03.pdf

Local Copy:
http://www2.selu.edu/sacs/documents/slu03.pdf


 

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