UC campuses do not have standalone audited financial statements by location. The only audited financial statements are held at the system level and can be found on UCOP's Annual Financial Reports Webpage. Below are unaudited financials for UCLA as a location, but they are not to replace the audited financials at UCOP. If there are any questions regarding this information, please email us at controllersoffice@finance.ucla.edu. For full disclosure, please see the complete note at the bottom of the page.

DISCLAIMER – BASIS OF PRESENTATION: UNAUDITED FINANCIAL INFORMATION  
The accompanying financial information has been prepared by management of the University of California, Los Angeles (UCLA) and is unaudited. It has not been subjected to the audit procedures applied to the University of California (the University)’s audited financial statements, and accordingly, the external auditors do not express an opinion or provide assurance on this information. 

Instead, the University audit was conducted for the purpose of forming an opinion on the University's financial statements taken as a whole, available at: https://www.ucop.edu/uc-controller/financial-reports/annual-financial-reports.html.  

These statements present only the financial position, changes in net position, and cash flows attributable to UCLA. They do not purport to, and do not, present fairly the financial position of the University of California as a whole, or the changes in its net position or cash flows, in conformity with accounting principles generally accepted in the United States of America (GAAP).  

The unaudited financial information has been prepared in accordance with University policies and procedures and includes all information necessary for a fair presentation of UCLA’s financial activity, except for certain elements that are centrally managed and reported by the University of California Office of the President (UCOP). These elements include investments, debt, endowments, pension, and other postemployment benefit (OPEB) obligations, and related revenues and expenses, each of which includes significant transactions and balances that may exceed $1 billion at the systemwide level. 

UCLA’s general ledger (G/L) data is submitted to UCOP, which consolidates financial information for all campuses and records certain systemwide activities. As a result, UCLA’s standalone financial records do not fully reflect these centrally managed balances. For purposes of this presentation, adjustments have been incorporated to reflect amounts that are materially consistent with UCLA’s allocable share of these systemwide activities. 

In certain instances, detailed information is maintained only at the systemwide level and is not available on a campus-specific basis. Accordingly, UCLA has applied reasonable estimation methodologies to allocate such balances. These estimates are based on the best information available and are intended to achieve a materially accurate presentation. 

As methodologies and data availability evolve, prior year amounts presented herein may be refined in the current year comparative presentation; however, previously issued reports may not be updated. Such changes do not affect the University of California’s audited consolidated financial statements.