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Knowing the Difference Between Accounting and Bookkeeping

Knowing the Difference Between Accounting and Bookkeeping

by Sam Tetlow | Jul 1, 2021 | Accounting & Reporting

The two terms have become interchangeable in many ways, but accounting and bookkeeping are very different. Both are necessary for any business. Keeping meticulous financial records is all the more important for grant recipients who must remain compliant with the...
What Are Allowable and Unallowable Expenses in an SBIR?

What Are Allowable and Unallowable Expenses in an SBIR?

by Sam Tetlow | Sep 25, 2018 | Accounting & Reporting, Funding Strategies, Funding Your R&D, Grantsmanship

As generous and useful as SBIR grants may be, they are not an all-expenses-paid kind of funding. There are allowable and unallowable expenses under the SBIR program. It’s up to grantees to understand the difference and adhere to the rules. Expenses come in three...
Financial + Reporting Obligations of Grant Winners

Financial + Reporting Obligations of Grant Winners

by Sam Tetlow | Sep 20, 2018 | Accounting & Reporting, Funding Strategies, Uncategorized

As a potential NIH grant recipient, you may be wondering: “What’s the catch?” Understanding what grant recipients have to give back to NIH, in terms of compliance and oversight, is an important step in the process. Some potential recipients hold back from applying due...

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