Course:  Understanding Cost Policy (DOR-1101)

Who should take this course?

• This course is the first of three required for staff to be granted authority for approving transactions in Oracle Financials.
• This course is also recommended for anyone initiating transactions in the Oracle Financials System.

Pre-requisites:

None

Course objectives:

• Practice stewardship of Stanford and sponsor funds
• Understand the three major fund classifications
• Recognize the impact of sponsored projects on financial transactions
• Understand and describe Direct and Indirect Costs
• Correctly identify expenses or tasks as either allowable or unallowable according to University policy and/or federal regulations
• Understand and apply the four cost principles when coding transactions
• Describe the purpose of attributes in Stanford's accounting system

Delivery method:

• Web (self-paced) and blended (instructor-led)

Duration:

• Web (self-paced): 60 minutes
• Blended (instructor-led): 3 hours

How to access training?

To receive credit for this course, register through STARS and complete the training

Enroll in course now

Course owned / Maintained by:

Dean of Research

Browser Requirements:

Tips for using Axess

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Related Training Materials

None

 

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