[FACULTY-FINANCIAL-OFFICERS] Variance Analysis Reports - FY18
This e-mail is sent to you on behalf of Cristiane Tinmouth, Associate Vice-Principal, Financial Services
Hello Colleagues,
As presented at the Year-End Reporting and Communication session, your faculty/unit variance analysis is due on May 31, 2018 via email to听ani.kotchounian [at] mcgill.ca. Please sign into the financial services website at /financialservices/reporting/yearendvariances to retrieve your reports.听 For a step by step comprehensive guide, please refer to 鈥渧ariance analysis how to document鈥� and provide brief explanations for all line-items identified in red.听The appendix should serve as your guide for the expected response.听Please ensure you advise Ani, via email, if you think you cannot meet this deadline. You should assign a delegate in your out of office Outlook message if you are planning to be away in June as our team may need to reach you should a clarification be necessary.
Please note that although the reports can be refreshed daily, it is imperative that you refresh the reports one final time after MAY 24,听2018听to allow for salary accruals and the overhead recovery fee to be posted.听These adjusted figures should be used to comment on your variances.
Please remember that the explanations you provide are verified by our external auditors and appear in the official Financial Statement Analysis (FSA) presented to the University鈥檚 Board of Governors.
Should you have any questions, please do not hesitate to contact me.听
Thank you for your collaboration.
听
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