Examples
Worked examples
- Is an instance
A US institution submits an annual FFR for an NIH R01, broken down by direct, indirect, and total cumulative expenditure.
- Is an instance
A Horizon Europe consortium coordinator collates beneficiary Form C inputs into the periodic financial statement.
Counter-examples
Looks similar, but isn't
- Not an instance
A technical progress narrative without financials is not a financial report.
- Not an instance
An internal management report not submitted to the sponsor is not a financial report in this sense.
Editorial commentary
Financial reports follow sponsor-specific formats: US federal awards use the Federal Financial Report (FFR / SF-425), with annual and final submissions through the Payment Management System; Horizon Europe uses the Periodic Financial Statement (PFS) and Form C, supported (above threshold) by a Certificate on Financial Statements (CFS); UKRI uses Je-S annual statements and final claim. Reports cover cumulative and period expenditure, indirect cost claims, encumbrance status, and (in some cases) audit certification.
References
- US Office of Management and Budget Uniform Guidance 2 CFR 200.327-200.328; Horizon Europe Annotated Grant Agreement.
Also known as
Grant financial report · FFR (federal) · Periodic financial statement · Form C (HE)
Machine-readable encodings
Use in your systems
<role vocab="credit"
vocab-identifier="https://casrai.org/dictionary/"
vocab-term="Financial report (grant)"
vocab-term-identifier="https://casrai.org/dictionary/term/financial-report-grant" />{
"@context": "https://schema.org",
"@type": "DefinedTerm",
"name": "Financial report (grant)",
"identifier": "https://casrai.org/dictionary/term/financial-report-grant",
"description": "A structured statement of grant expenditure submitted to the sponsor at defined reporting periods, presenting actual costs against the approved budget by category and supporting reimbursement or continuation decisions.",
"inDefinedTermSet": "https://casrai.org/dictionary/domain/funding-lifecycle-and-financial-vocabulary/",
"url": "https://casrai.org/dictionary/term/financial-report-grant",
"sameAs": [
"Grant financial report",
"FFR (federal)",
"Periodic financial statement",
"Form C (HE)"
],
"license": "https://creativecommons.org/licenses/by/4.0/"
}
