External agencies may decide to perform an audit or financial review of a sponsored project awarded to Indiana University. These audits and reviews are performed to ensure the university’s compliance with the applicable laws, regulations, and terms and conditions of the specific sponsored project.
As a project director, you are often the first point of contact when an agency announces an award-specific audit or financial review. Notification may be in the form of a phone call, email, or formal letter announcing an upcoming visit or financial review. When an agency is planning a financial review or audit, please contact us as soon as you are contacted so that we may assist you through the process.