Cornell University expects costs to be charged to the appropriate sponsored project account when first incurred. There are circumstances in which it may be necessary to transfer expenditures to or from a sponsored account subsequent to the initial recording of the charge in the general ledger. Review of sponsored project account activity should include the determination that charges are reasonable, allowable, and directly support the scope of work for the project. To be allowable, the transfer request must be timely, fully documented, conform to university and sponsor allowability standards, and have appropriate authorization.
Your local college or unit administrative office or Sponsored Financial Services for Ithaca campus units, or Associate Controller for Research for WCMC.
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.
01/04/2019: Changed Responsible Executive from "Vice President for Financial Affairs and University Treasurer" to "Executive Vice President and CFO"
10/31/2017: Added Sentence to "Cost Overruns" in the Principles, for clarification.
