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CONSOLIDATED FEDERAL FUNDS REPORT (CFR) FISCAL YEAR 2001 INTERNET **** TECHNICAL DOCUMENTATION The Consolidated Federal Funds Report (CFR) is a presentation of Federal Government expenditures or obligations
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Consolidated federal funds report refers to a comprehensive financial report that provides a summary of all federal funds received by an organization or entity.
Entities that receive federal funds, such as government agencies, nonprofits, universities, and other organizations, are generally required to file a consolidated federal funds report.
To fill out a consolidated federal funds report, an entity needs to gather information on all federal funds received, including grant and contract details, expenditure information, and other relevant financial data. This information is then compiled and reported according to the reporting guidelines and instructions provided by the funding agency or regulatory body.
The purpose of a consolidated federal funds report is to provide transparency and accountability regarding the use of federal funds. It allows the funding agencies and other stakeholders to assess how the funds were allocated, spent, and accounted for.
The specific information required to be reported on a consolidated federal funds report may vary depending on the funding agency or regulatory body. However, common information includes details of the federal funds received, expenditure breakdown, indirect costs, subawards, and compliance with applicable regulations.
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