FINANCIAL MANAGEMENT

Scope Note:
The function of managing the University's financial resources. Includes establishing, operating, and maintaining accounting systems controls and procedures, financial planning, framing budgets and budget submissions, obtaining grants, managing funds in the form of allocations from the Consolidated Fund and revenue from charging, trading and investments.

Also includes the monitoring and analysis of assets to assist the delivery of economic and social services to government, industry and the community as well as the auditing of financial processes associated with the acquisition of goods and services.

See STRATEGIC MANAGEMENT for long term organisational planning.

Tip: FINANCIAL MANAGEMENT - ASSET REGISTER may be used for the monitoring and assessment of the assets of the organisation. The relevant keyword (EQUIPMENT & STORES, FLEET MANAGEMENT, PROPERTY MANAGEMENT or TECHNOLOGY & TELECOMMUNICATIONS) may be used for operational activities involving assets, such as their acquisition, operation, maintenance and disposal.
Narrower:
ACCOUNTING
ACQUISITION
ADVICE
AGREEMENTS
ALLOCATION
ASSET REGISTER
AUDIT
AUTHORISATION
BUDGETING
COMMITTEES
COMPLIANCE
CONTRACTING_OUT
CORRUPTION
ENQUIRIES
FINANCIAL STATEMENTS
GRANT FUNDING
INVENTORY
INVESTIGATIONS
MEETINGS
MODELLING
PAYMENTS
PLANNING
POLICY
PROCEDURES
REPORTING
REVIEWING
RISK MANAGEMENT
SALARIES & WAGES
STANDARDS
TENDERING
TREASURY MANAGEMENT

Non-Preferred Term(s):
Corporate Finance