SSHRC ICP Audit Report FinalE

INTERNAL AUDIT OF THE INDIRECT COSTS PROGRAM Final report March 2009 TABLE OF CONTENTS I. Introduction ........................................................................... 1 1. Background and Context..........................................................................1 2. Audit Objective, Scope and Approach..........................................................2 II. Audit Conclusion and Findings..................................................... 3 1. Overall Conclusion.................................................................................3 2. Findings..............................................................................................3 Social Sciences and Humanities Research Council of Canada I. INTRODUCTION 1. Background and Context The Indirect Costs Program (ICP) helps Canadian postsecondary institutions with the ancillary costs of research through the provision of grants. Its current budget is $325 million for 2009-10. The program is administered by a small team of dedicated staff under the secretariat of the Canada Research Chairs Program within the Social Sciences and Humanities Research Council (SSHRC). Research institutions that meet the eligibility criteria for an ICP grant award are informed of their eligibility and the extent of the grant that they are entitled to receive, and are invited to submit a request form to receive the ...