Advanced Financial Management of Awards Module (AFMA)
ETRA is pleased to announce the official launch of the Advanced Financial Management of Awards Module (AFMA). The AFMA series covers the following topics in a series of 4 sessions of 3 hours that will allow each participant to work on post award financial management of grants and funds.
Each participant will be actively working at a computer in case studies on excel templates specially designed for that purpose and will have the opportunity to manipulate data an dvarious information on his/her own.
Participants will get great excel templates to keep with them and work with at the office.
Session # 1: Monitor and Reconcile PI’s WBS Accounts
Session # 2: Monitor and Reconcile PI’s funds & Prepare a monthly financial report for a PI’s Portfolio (multiple WBS and multiple funds)
Sessions 1 and 2 really work hands in hands.
Session # 3: Building a 12 month-rolling budget when a new grant comes in a research lab.
Session # 4: Projection & forecasting principles to define a laboratory financial situation for the next 3 years.
VERY IMPORTANT: It is a pre-requisite that participants should have a very good understanding of grants budget, change of funding calculations, mandatory cost sharing, effort tracking, salary calculations, calculations relevant to sub-award, IDC calculations and stewardship financial responsibilities in post award.
Typically, participants of the E2RA Advanced course are ready for the AFMA course. If you didn't take the Advanced E2RA course, please give a call to Helene Brazier-Mitouart to discuss or email her at email@example.com.
The next AFMA serie is in March 2019 as per the calendar below. Seats are limited.
AFMA March 2019 series:
Monday 03/04/19: 9am to 12pm
Monday 03/11/19: 9am to 12pm
Monday 03/18/19: 9am to 12pm
Monday 04/01/19: 9am to 12pm
--> If you are interested to attend the AFMA series, please email firstname.lastname@example.org to save your spot!!
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