What is Financial Reporting?

Financial Reporting provides information and resources for the internal and external financial reporting needs of the University. In this capacity, Financial Reporting provides guidance on complex accounting issues and questions, including the research, interpretation, and implementation of new accounting standards and is responsible for managing the year-end close, APA audit, and preparation of the annual Financial Report as well as quarterly financial statements for the Board of Visitors and other institutional financial surveys.

Annual Financial Report

You can view the Annual Financial Report for 2023 at this link. 

Archived reports are available on our website. 

Related Policies and Resources

FIN-048: Safeguarding and Stewardship of University Financial Records

Governmental Accounting Standards Board (GASB)

Commonwealth of Virginia Auditor of Public Accounts

Financial Accounting Standards Board (FASB)

For additional information related to Financial Reporting at the University of Virginia, Contact us @AskFinance