Code of Federal Regulations Title 30. Mineral Resources § 30.886.19 How must I account for grant funds?

(a) Accurately and timely account for grant funds;

(b) Adequately safeguard all funds, property, and other assets and assure that they are used solely for authorized purposes;

(c) Provide a comparison of actual amounts spent with budgeted amounts for each grant;

(d) Request any cash advances as closely as possible to the actual time of the disbursement;  and

(e) Design a systematic method to assure timely and appropriate resolution of audit findings and recommendations.