Course Description

The Financial Stewardship of Grants and Contracts Module will provide Principal Investigators (PI) with knowledge of federal, Mass General Brigham , and sponsor financial requirements for grants and contracts. Compliance with grants and contracts financial terms and conditions is a high risk area within Mass General Brigham and nation-wide. Many physicians and PhD scientists receive grants without formal training in research finance. This course seeks to correct that gap by providing the basics.

This online activity consists of two sections for a total of 75 minutes. To complete each section, you must view the 2 different presentations (located on the 'Archived Webinar' tab) and complete the post-test and evaluation.

After completing section 1 you must complete section 2.

Please download a copy of the slides before viewing the presentations. Slides are available in the “Resource Library” tab located on the left.

Learning Objectives

Upon completion of this activity, participants will be able to:

1. Provide overview of federal, sponser and Parterns financial policies 
2. Introduce different federal funding instruments and their requirements 
   a. Contracts
   b. Grants
   c. Cooperative Agreements
   d. Subcontracts
3. Provide overview of federal cost principles
   a. Reasonable
   b. Allowable
   c. Allocable
   d. Consistently applied
4. Review Principal Investigator financial oversight responsibilities
5. Review requirements of selected cost items

Target Audience

This activity is intended for all Mass General Brigham  Principal Investigators with active grants and contracts and Sundry accounts.

This activity is free of charge. To complete each section, you must view the 2 different presentations (located on the 'Archived Webinar' tab) and complete the post-test and evaluation.

For questions regarding registration, please contact Mass General Brigham Office of Continuing Professional Development at [email protected].

For questions regarding the Research Education Series, please contact Mass General Brigham Research Compliance Office at [email protected].

Faculty

Anne Klibanski, MD
Laurie Carrol Guthart Professor of Medicine, Harvard Medical School
President and CEO, Mass General Brigham 

Mary Mitchell
Mass General Brigham Chief Research Compliance Officer

Peter Markell
Former Executive Vice President, CFO & Treasurer, Mass General Brigham

Andrew Chase
Mass General Brigham Vice President Research Management

Harry Orf, PhD
MGH Senior Vice President for Research

Merit Cudkowicz, MD
MGH Chief of Neurology

CME/CE Information

This enduring material will be available on-demand for 2 years.

Original Release Date: August 26, 2016
New Release Date: August 26, 2018
Review Date: September 19, 2018
Expiration Date: August 31, 2022
Duration: 75 minutes total

Accreditation

Mass General Brigham  is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education for physicians.

Mass General Brigham designates this enduring material for a maximum of 1.25 AMA PRA Category 1 Credits^TM. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
 

Faculty Disclosure Statements

In accord with the disclosure policy of Mass General Brigham m as well as guidelines of the Accreditation Council for Continuing Medical Education (ACCME), planners, speakers and anyone who may have an influence on the content of the activity have been asked to disclose any relationship they or their spouse/partner have to companies producing pharmaceuticals, medical equipment, devices, etc. that may be germane to the content of their presentation. Such disclosure is not intended to suggest or condone bias, but provides participants with information that might be of potential importance to their evaluation of a given presentation.

RESOLUTION OF CONFLICTS OF INTEREST (COI)
Mass General Brigham has implemented a process to resolve potential COIs for this CME activity to help ensure content objectivity, independence, fair balance and ensure that the content is aligned with the interest of the public.

The following planners and/or their spouse/partner have reported no relevant financial relationship with a commercial interest:
Mary Mitchell
Danielle Morin

The following planner and/or their spouse/partner has reported a relevant financial relationship with a commercial interest:
Anne Klibanski, MD
Investigator: Ipsen, Novartis, Rhythm Pharmaceuticals

The following speakers and/or their spouse/partner have reported no relevant financial relationship with a commercial interest:
Mary Mitchell
Peter Markell
Andrew Chase
Harry Orf, PhD
Merit Cudkowicz, MD

This internet-based CME activity is best experienced Microsoft Internet Explorer 11.0, Mozilla Firefox 27 or later, Chrome 22 or later, Safari (version 9 or later)

Hardware/Software Specifications:
This Web site requires that JavaScript and session cookies be enabled. Certain activities may require additional software to view multimedia, presentation, or printable versions of the content. These activities will be marked as such and will provide links to the required software. That software may be: Adobe Flash, Adobe Acrobat, and Microsoft PowerPoint.

Optimal System Configuration:
Flash Player: latest version of Adobe Flash
Browser: latest Firefox, Internet Explorer 11, Microsoft Edge, latest Safari, or latest Google Chrome
Operating System: Windows 7,8,10 or Mac OS X 10.9+
Mac OS X prior to 10.9 with Firefox 27+
Microsoft Vista with Firefox 27+ or Chrome 22+
Internet Connection: 1 Mbps or higher

Minimum Requirements:
Windows PC:
Windows Vista or later 1 gigahertz (GHz) or faster 32-bit (x86) or 64-bit (x64) processor 1 gigabyte (GB) RAM (32-bit) or 2 GB RAM (64-bit) Video Card at least 128MB of video memory; Sound Card at least 16-bit; latest Macromedia Flash Player, audio playback with speakers for programs with video content Internet Explorer 11 (requires Windows 7+), Microsoft Edge (requires Windows 10), Google Chrome 22, Firefox 27
Macintosh:
Mac OS X v10.6 or later Intel Core™ Duo 1.83GHz or faster processor 512MB of RAM; 128MB of graphics memory Sound Card: at least 16-bit Safari 9 (requires Mac OS X v10.9), Mozilla Firefox 27

Resource Library Link

Partners Research Education Series for Principal Investigators Module 2: Financial Stewardship of Grants and Contracts

Course Activities

Click on each event to complete the event and claim credits. You may log into and out of this activity as often as necessary to complete all events. If you prefer to only complete some events, you can do so and print your certificate at any time. Every time you complete a new event you can re print your certificate to reflect all the activities you have completed so far.

This activity consists of two 15-minute sections. Both sections must be completed:
Financial Stewardship of Grants and Contracts Section 1
Financial Stewardship of Grants and Contracts Section 2

To complete each section, you must view the presentation (Webinar) and complete the Post Test and Evaluation in order to earn credits and your certificate.

Provided by:

Mass General Brigham