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Print Form Reset Form Western Michigan University Cost Transfer Request Requested By: Department: Date: Charges From: Amount: Charges To: Federal Flowers Project Title: Sponsor: Project Beginning
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How to fill out omb circular a-21 states

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How to fill out OMB Circular A-21 states:

01
Familiarize yourself with the purpose and requirements of OMB Circular A-21. This circular provides guidance for institutions that receive federal funding for research and development activities.
02
Gather all necessary documentation, including financial records, budget information, and employee compensation details.
03
Review the specific sections of OMB Circular A-21 that apply to your institution or organization. Pay attention to any unique requirements or exceptions that may be relevant.
04
Ensure that you have a clear understanding of the terminology and definitions used in OMB Circular A-21. This will help you accurately complete the necessary forms and reports.
05
Use the appropriate financial management system or software to input and track the required data. Make sure all calculations are accurate and properly documented.
06
Submit the completed OMB Circular A-21 forms and reports within the designated deadlines. Be sure to follow any additional instructions or procedures provided by the funding agency.

Who needs OMB Circular A-21 states?

01
Institutions or organizations that receive federal funding for research and development activities are generally required to comply with OMB Circular A-21.
02
Universities, colleges, and other educational institutions that conduct federally funded research or engage in sponsored projects often need to adhere to the guidelines outlined in OMB Circular A-21.
03
Government laboratories, non-profit organizations, and other entities involved in research and development projects funded by federal agencies may also be required to follow OMB Circular A-21.
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OMB Circular A-21 states the principles for determining costs applicable to grants, contracts, and other agreements with educational institutions.
Educational institutions that receive federal funding for grants, contracts, or agreements are required to comply with OMB Circular A-21.
To fill out OMB Circular A-21, educational institutions must follow the guidelines and instructions provided in the circular regarding cost principles and reporting requirements.
The purpose of OMB Circular A-21 is to ensure that costs incurred by educational institutions are reasonable, allowable, and allocable under federal grants, contracts, and agreements.
Information such as direct costs, indirect costs, cost allocation methods, and cost reimbursement procedures must be reported on OMB Circular A-21.
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