New UCR Policy on the Treatment of Unallowable Costs

By Bobbi McCracken (Associate Vice Chancellor for Business & Financial Services and Controller) |
Riverside, CA –

Dear Colleagues,


Recently, NSF performed a desk review of UCR’s policies and controls over contract and grant administration.  An action items resulting from the review required that UCR develop written guidance on the accounting treatment of unallowable costs mistakenly charged to a sponsored award.  In response, the attached new campus policy was created and will be posted to the UCR Policy & Procedure website soon (policy number TBD).  In addition, there were minor changes to the Ledger Reconciliation & Storage System (LRSS) certifications statements to specifically address the need to promptly transfer unallowable costs.  Please let me know if you have any questions. 


Attachment:  Campus Policy Number 200-XX Unallowable Costs July 2020.pdf




Bobbi McCracken

Associate Vice Chancellor and Controller

Business & Financial Services