Welcome to Research accounting
Research accounting is responsible for the post award financial administration of all sponsored research accounts and projects as well as a number of specific purpose and internal accounts. We provide assistance and advice to the University community while at the same time ensuring the University's responsibilities for the financial administration of these accounts are met. Research Accounting acts as a liaison between researchers and funding agencies. We are able to help with budget and expense related questions regarding preparation of budgets for funding applications. We would be happy to meet with you to discuss your accounts and any questions you may have.
What we do
- Open accounts; deposit funding received; set up & adjust budgets
- Monitor for over-expenditures
- Prepare & submit financial reporting
- Monitor expenditures to ensure compliance with funding agency, university & accounting policies
- Allocate indirect cost expense
- Approve webreqs, payroll forms, cheque requisitions & journal entries
- Provide assistance & advice regarding interpretation of funding regulations, policy & procedure
- Prepare financial reporting & provide information on research activities for the university
- Work closely with the Office of Research Services on both pre-award & post-award issues
Audits
- We ensure that funds are spent and administered under the terms and conditions of the agreements and guidelines of the funding sources and as per the policies and procedures of the University.
- We host and coordinate numerous external audits annually.
Resources
CFI & major infrastructure projects
US/Foreign grants & contracts
Canadian & grants contracts - invoicing & claims
Research travel compliance monitoring
Tri-Council
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Mailing address:
University of Victoria
Accounting Services
PO Box 3040 STN CSC
Victoria, BC V8W 3N7 Canada
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Courier address:
University of Victoria
Accounting Services
Administrative Services Building
Room B115
3800 Finnerty Road
Victoria, BC V8P 5C2 Canada
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