1 / 5

Financial Reporting for Non-Federal Sponsors

Financial Reporting for Non-Federal Sponsors Can OSR keep up with the financial reporting demands ? No, not when they start requiring…. Monthly Reporting Quarterly Reporting Reporting on the 10 th day of the 7 th month

jana
Download Presentation

Financial Reporting for Non-Federal Sponsors

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Financial Reporting for Non-Federal Sponsors Can OSR keep up with the financial reporting demands?

  2. No, not when they start requiring…. • Monthly Reporting • Quarterly Reporting • Reporting on the 10th day of the 7th month • Detailed reporting (names, degrees, detailed supplies, travel details, etc.) • Sponsor Form – Detailed Format • Specific Detailed Sponsor Format

  3. Non-Fed Financial Reporting - At the time of acceptance was OSR consulted to see if we could meet special reporting requirements? - We need your help if you accept financial reporting requirements that are not standard.

  4. Non Federal Reporting - What are Standard Reporting Requirements? • Annual Fin. Reports – Univ. Letterhead • Final Fin. Reports – Univ. Letterhead • Sponsor Format – Summary Level • Standard Reporting - Summary Level • Salaries, Benefits, Equipment, Travel, Supplies, Other, IDC/ISC

  5. All Financial Reports Need OSR Review and Signoff • Departments preparing any financial reports need OSR review and sign off. • Amounts reported must reconcile to our accounting system (Reportmart reports) • We’re here to assist you but we need your commitment to supply the detailed information that the sponsors require.

More Related