Sonoma State University

Financial Reports

Principal Investigators/Project Directors (PIs/PDs) are provided with financial reports for their awards on a monthly basis via email. The report consists of a financial summary of the award and a detail of expenses charged to the award in the month reported.

PIs/PDs may also access financial reports for their awards via the Common Financial System's Data Warehouse. PIs/PDs should contact ORSP for information regarding access registration and instructions for using the Data Warehouse. While the monthly financial reports present an overall financial statement for awards, PIs/PDs should specifically look for the following items:

  • Are the expenses charged to the award charges that the PI/PD authorized?
  • Is the budget presented for the award current, complete, and accurate?
  • Is the amount of funding left to spend sufficient to achieve programmatic goals and objectives of the award?

If a PI/PD has a question regarding any expense charged to an award or would like further guidance on reviewing and understanding the financial reports, ORSP should be contacted.