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A-Z Index and Glossary

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  • A-110 - Financial Status Reporting (formerly A-110)

    Financial Status Reporting (formerly A-110)

    Sponsored Programs prepares the financial status report (FSR) in accordance with the Uniform Guidance (2 CFR 200) (formerly OMB Circular A-110). The guidelines detail the complete and timely submission of financial reports and other such closeout procedures for federal grants and contracts. Implementation of the new Uniform Guidance procurement standards has been delayed until July 1, 2018, so for now you may continue to operate under the procurement requirements of OMB Circular A-110. 

    Failure to adhere to these reporting requirements in connection with a specific grant or contract may result in the withholding by the federal agency of new awards campus-wide or the suspension of payments for costs incurred by the University on other projects funded by the agency.

    This section uniform administrative requirements for grants and agreements with institutions of higher education and other non-profit organizations. It covers (in part): Cash Management/Drawdown of funds, etc., Record Retention, Program Income, Procurement Standards, Property Standards, Cost Sharing, Financial Reporting.

  • A-133 Annual Audit Reports (Now Uniform Guidance Single Audit, Subpart F)

    Subpart F of the Uniform Guidance has replaced the former Office of Management and Budget (OMB) A-133 Compliance Supplement. It is a large and extensive United States federal government guide created for use in auditing federal assistance and federal grant programs, as well as their respective recipients. For audit reports, see http://www.finance.umich.edu/finops/reporting/annualreports.Back to the Top

  • A-21 (Uniform Guidance Cost Principles formerly known as A-21)

    A-21 Costs (Federal Funds Only) – These costs are now referred to as: "Uniform Guidance Cost Principles." The term A-21 comes from the old U.S. Office of Management and Budget (OMB) Circular A-21 requires that certain expenses be treated as Facilities and Administrative Costs (also known as F&A, indirect costs, or overhead) and paid for through the recovery of indirect costs. Examples of these costs include clerical and administrative salaries, hosting, subscriptions, books, membership dues, postage, office supplies, and telecommunications. In order to qualify as a direct charge on a sponsored project, costs normally considered F&A must be charged in a timely manner and must be consistent with established institutional policies and practices. 

  • Administrative Home

    The designated unit with overall responsibility for a particular proposal or project. Knowing the Administrative Home is particularly important in those cases where the Principal Investigator may have joint appointments.


     

  • Allowable Costs

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    In addition to being allowable, direct costs must follow the usual guidelines of being reasonable, allocable, applicable, and consistently treated and must comply with U-M policy.

    Resources

    When in doubt, please contact your Finance - Sponsored Programs Customer Service representative (see the Coordinator by Department list). 

  • ARC (Advanced Research Computing)

    Office of Advanced Research Computing. U-M’s ARC works to advance Cyberinfrastructure (CI) at U-M. CI refers to a platform of technological and human support for advanced, integrated computation and information resources in the service of research and learning. See http://arc.research.umich.edu/.