Sponsored Projects Expenditure and Correction Guidance

The following requirements apply to all expenses charged to sponsored projects:

• Expenses must be necessary, reasonable, allocable and allowable for the conduct of the project.
• Expenses must be supported by dated, original documentation identifying the budget purpose and required approvals.
• Documentation (electronic or otherwise) must be accessible at all times for audit purposes.
• Expenses that do not meet these requirements will be moved off the grant and charged to departmental funds.

Transactions Requiring OSPA Prior Approval

Account Corrections