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Financial Reporting for Non-Federal Sponsors PowerPoint PPT Presentation

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

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Financial Reporting for Non-Federal Sponsors

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Financial reporting for non federal sponsors l.jpg

Financial Reporting for Non-Federal Sponsors

Can OSR keep up with the financial reporting demands?


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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


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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.


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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


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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.


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