A Letter from The Office of the Vice Chancellor for Research
A Letter from The Office of the Vice Chancellor for Research
A Letter from The Office of the Vice Chancellor for Research
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OVCR Annual ReportFiscal Year 2011Sponsored Project ExpenseSponsored Projects Accounting<strong>The</strong> mission <strong>of</strong> Sponsored Projects Accounting (SPA) is to provide consistent and high qualityfinancial stewardship, policy interpretation and compliance assurance to <strong>the</strong> University's researchcommunity and <strong>the</strong> sponsoring agencies. Members <strong>of</strong> <strong>the</strong> department strive to per<strong>for</strong>m accurateand timely transaction approvals, financial analysis and reporting <strong>of</strong> costs incurred <strong>for</strong> sponsoredprojects. We monitor and maintain <strong>the</strong> accounting structure involved with revenue, expense andreceivable transactions <strong>for</strong> sponsored projects so that <strong>the</strong>se amounts are properly stated in <strong>the</strong>University's financial statements. In conjunction with <strong>the</strong> <strong>Office</strong> <strong>of</strong> Sponsored <strong>Research</strong> Services(OSRS), SPA develops a coordinated and consistent approach on institutional issues involvingsponsored projects.<strong>The</strong> <strong>Office</strong> <strong>of</strong> Sponsored Projects Accounting reports to Barbara Feiner, <strong>Vice</strong> <strong>Chancellor</strong> <strong>for</strong>Finance and Chief Financial <strong>Office</strong>r. This report and o<strong>the</strong>r data is available on <strong>the</strong> SPA website,see http://www.spa.wustl.edu/.79
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