The importance of developing a financial audit process: An academic medical center perspective
Clinical research studies run the risk of being in a deficit leading to premature study termination or a desperate struggle to find new funding to continue the research. It is important for institutions, small or large, to have financial oversight during the research process. We created a financial...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Cambridge University Press
2023-01-01
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| Series: | Journal of Clinical and Translational Science |
| Subjects: | |
| Online Access: | https://www.cambridge.org/core/product/identifier/S2059866123006507/type/journal_article |
| _version_ | 1797644519225688064 |
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| author | Jessica Fritter Cody Harper |
| author_facet | Jessica Fritter Cody Harper |
| author_sort | Jessica Fritter |
| collection | DOAJ |
| description | Clinical research studies run the risk of being in a deficit leading to premature study termination or a desperate struggle to find new funding to continue the research. It is important for institutions, small or large, to have financial oversight during the research process. We created a financial audit process for a core clinical research department at a pediatric hospital. Understanding where to find your costs, what costs are important, and other elements of the audit process are essential. Knowing how to replicate a financial audit process can help you eliminate the risk of a financial deficit. |
| first_indexed | 2024-03-11T14:32:46Z |
| format | Article |
| id | doaj.art-e852212574a347cd88e5b3e2edd93ba6 |
| institution | Directory Open Access Journal |
| issn | 2059-8661 |
| language | English |
| last_indexed | 2024-03-11T14:32:46Z |
| publishDate | 2023-01-01 |
| publisher | Cambridge University Press |
| record_format | Article |
| series | Journal of Clinical and Translational Science |
| spelling | doaj.art-e852212574a347cd88e5b3e2edd93ba62023-10-31T07:51:08ZengCambridge University PressJournal of Clinical and Translational Science2059-86612023-01-01710.1017/cts.2023.650The importance of developing a financial audit process: An academic medical center perspectiveJessica Fritter0https://orcid.org/0000-0001-9995-4979Cody Harper1The Ohio State University College of Nursing, Columbus, OH, USANationwide Children’s Hospital, Columbus, OH, USAClinical research studies run the risk of being in a deficit leading to premature study termination or a desperate struggle to find new funding to continue the research. It is important for institutions, small or large, to have financial oversight during the research process. We created a financial audit process for a core clinical research department at a pediatric hospital. Understanding where to find your costs, what costs are important, and other elements of the audit process are essential. Knowing how to replicate a financial audit process can help you eliminate the risk of a financial deficit.https://www.cambridge.org/core/product/identifier/S2059866123006507/type/journal_articleClinical research business operationsfeasibilityfinancial audit processclinical trial operationsclinical trial management systems |
| spellingShingle | Jessica Fritter Cody Harper The importance of developing a financial audit process: An academic medical center perspective Journal of Clinical and Translational Science Clinical research business operations feasibility financial audit process clinical trial operations clinical trial management systems |
| title | The importance of developing a financial audit process: An academic medical center perspective |
| title_full | The importance of developing a financial audit process: An academic medical center perspective |
| title_fullStr | The importance of developing a financial audit process: An academic medical center perspective |
| title_full_unstemmed | The importance of developing a financial audit process: An academic medical center perspective |
| title_short | The importance of developing a financial audit process: An academic medical center perspective |
| title_sort | importance of developing a financial audit process an academic medical center perspective |
| topic | Clinical research business operations feasibility financial audit process clinical trial operations clinical trial management systems |
| url | https://www.cambridge.org/core/product/identifier/S2059866123006507/type/journal_article |
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