Participants will gain a broad understanding of the financial concepts associated with the life cycle of a clinical research study, including understanding why an internal cost assessment is useful, how the preferred payment terms within the contract become important in the collection of monies on a study, and interpreting what a financial report may tell you about the study’s progress. The course provides an outline of the different positions, the roles that they have within clinical research, and related terminology. This course credit applies toward the RCC annual continuing education requirements. This course is one piece required to become an approved budget negotiator within a CRU.