Page Updated: June 7th, 2018
It is critical that all sponsored project expenditures be reviewed on a regular basis to ensure that both salary and non-salary charges are correct and appropriate. It is the responsibility of the principal investigator, and/or the PI’s designee, to authorize transactions and review the expenditure activity. This review should include the determination that the charges are reasonable, allowable, allocable, and directly support the scope of work for that project.
Typically, cost transfers are appropriate when they involve allowable direct costs of the sponsored project and the purpose is to:
Inappropriate circumstances for cost transfers include, but are not limited to, the following:
Frequent, late, and inadequately explained or documented transfers raise serious questions about the appropriateness of the cost transfers and may result in audit disallowances.