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PAc-15 Time and Effort Reporting

Policy:  PAc-15
Subject:  Time and Effort Reporting
Approval Date: 07/01/85
Revision Date: 09/15/05; 08/08/19
Last Review Date: 08/08/19
 
PURPOSE:
To provide for reports on time and effort on externally funded projects.
 
PROCEDURE:
Recognizing the need to comply with OMB Circular A-21 and the Education Division General Administrative Regulations (EDGAR), Morehead State University shall account for the time and effort of University personnel working on externally funded projects. University personnel, where all or part of their total compensation (including consulting, overload, etc.) is paid by external sources and/or where their time and effort are donated by Morehead State University to an externally sponsored project, shall complete periodically a "University Personnel Activity Report" which documents their time and effort. Personnel Activity Report forms shall be obtained from the Office of Accounting and Financial Services.