University Policy Office

Policy Statement

Cornell University expects its faculty, staff, and students, when dealing with federal and other sponsored funds, to follow Generally Accepted Accounting Principles (GAAP); comply with all government and sponsor rules and regulations; and follow established standards for determining when it is appropriate to propose and, if approved, directly charge costs normally considered Facilities and Administrative (F&A) costs to a sponsored project.

Entities Affected by this Policy

All units of the university, excluding the Weill Cornell Medical College

Policy Information 

• Responsible Executive: Vice President for Financial Affairs and CFO
  
• Responsible Office: Cost and Capital Assets
  
• Dates: Issued: January 2003; Updated: April 2007
  
• Contact: Your local college or unit administrative office or Cost and Capital Assets

Violations of Finance Policy

Violation of a financial policy should be reported to your supervisor, your human resource representative, unit manager and/or the office responsible for the policy. Where these resources are inadequate, you may choose to make an anonymous report through the Cornell University Hotline.

View Official Policy*

University Policy 3.18, Charging Directly to Sponsored Projects Costs that are Normally Considered Indirect

*This PDF document is the official version of this policy.

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