Welcome to Post Award Financial Operations
Post Award Financial Operations works closely with the University’s research community to provide seamless processes from pre-award to post-award activities while ensuring compliance and consistency with overall fiscal management. PAFO’s responsibilities include the research accounting and financial management functions, time and effort certifications, indirect cost rate calculation and negotiations, service center administration, property management, coordination of the annual OMB Circular A-133 audit and periodic agency audits, the creation and implementation of related policies and business processes, and oversight of systems and training.
Latest News and Announcements:
- Post Award Financial Operations made several revisions to existing policies, procedures and forms related to the review and approval of various types of charges to sponsored projects that are effective July 1, 2011. Please view the Expense Review Policy, Non-Salary Cost Transfer Policy, Salary Adjustment Policy, Cost Transfers Guidelines, Non-Salary Cost Transfer Request Form, and the Salary Adjustment Form.
- Post Award Financial Operations worked in close collaboration with the Office of the Vice President and Associate Provost for Research to develop an amendment to Boston University’s Effort Certification Policy. This amendment is entitled Summer Effort and Summer Salary for Faculty with 9 Month Appointments and details the allowable practice for 9 month appointed faculty who choose to expend up to three months of additional effort and receive compensation from sponsored awards. The Commitment of Summer Effort and Summer Salary Request Form must be completed and approved for salary and effort starting July 1, 2011.
- Please view the PARs and Effort Certification Policy Reminder memorandum, released by the University Provost, Medical Campus Provost and the Vice President, CFO and Treasurer on March 21, 2011.
- In partnership with the Office of Sponsored Programs and Office of Research Compliance, we are pleased to provide the BU research community with a new Sponsored Programs Handbook. The Handbook is intended to be a tool that provides information, policies, procedures, and links to ensure that faculty, staff, and students comply with the obligations associated with the use of external or institutional funds to conduct research and other scholarly activities.
- NEW! – Legacy Object Code to SAP Sponsored Class and GL Account Crosswalk
FY 2011 has been good to BU. See our latest fiscal achievements, and download our full financial statements.