Who We Are
News & Stories
Dec 4, 2023
Dec 1, 2023
December 5, 2023
December 6, 2023
December 7, 2023
University Wide Events
No Communication Compromises
Areas of Study
Changing the world
Community & Innovation
Research Experiences & Services
Our Global Presence
Global at Home
Global Learning For All
Your Journey Starts Here
Explore Our Campus
Sponsored Programs Policies...
Financial Reporting on Sponsored Projects
College Hall 108
Policy statement and procedures Adopted May 2009
The University will follow the requirements of the Office of Management and Budget (OMB) the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, known as the Uniform Guidance or 2 CFR 200 and other applicable federal regulations with respect to financial reporting. Uniform Guidance Subpart D §200.327-.329 set forth procedures for monitoring and reporting the grantee’s financial and program performance and list the standard reporting forms.
The University has both financial and nonfinancial reporting requirements to federal agencies when it receives a grant award or federal subgrant. Agencies use timely and accurate reporting as one measure of grant monitoring. Sponsors often require interim and final technical and financial reports. Also, some agencies have moved to withhold future funding or freeze accounts if any reports, financial or technical, have not been submitted by the deadline. Therefore, it is important that the institution understand and comply with all mandatory reporting requirements.
The Finance Office is responsible for managing the external financial reporting and invoicing requirements of sponsored research projects according to the terms of the grant award document. To do this, all members of the community who are responsible for administering sponsored projects will review and verify expenses on their accounts.
As part of the annual performance report to the sponsor, the PI is responsible for reporting technical program outcomes as well as financial information. This policy does not cover technical performance reporting (see Office of Sponsored Programs for guidance in this area). The financial component of the report should be prepared by the grant accountant. After these financials are reviewed and approved by the PI, the Office of Sponsored Programs has responsibility for transmission of these reports to the sponsor, often in conjunction with submittal of the technical report. The U.S. Department of Education requires specific financial reports to be included in their annual performance reports. See Appendix C for detailed procedures.
Appendix A: Quarterly Financial Reporting for NSF Appendix B: Quarterly Financial Reporting for DHHS Appendix C: Annual Financial Reporting for U.S. Department of Education
Origination date: May 2009 Last amended date: May 2020Next review date:
The National Science Foundation (NSF) requires financial information be submitted quarterly. The Finance will use the following procedures to file the financial reports. Log onto the Fastlane web site and click on the Financial Functions. Then click on the Federal Financial report (FFR) For the...
Guideline Type: Policy
The Department of Education requires financial information be submitted annually. The Finance department will use the following procedures to file the financial reports. The grant accountant will provide information for sections 7, 8, and 9 of the ED524B form for the Department of Education annual...
Gallaudet University, chartered in 1864, is a private university for deaf and hard of hearing students.
Copyright © 2023 Gallaudet University. All rights reserved.
800 Florida Avenue NE, Washington, D.C. 20002