Guide to Department Funds PrerequisitesSpecial
Description
Much of the session comprises a case study based on a medium sized University department. Delegates will examine University regulations and procedures and decide the actions for various scenarios and correct anomalies for selected sources of funds.
Target audience
This session is designed for staff in an administrative role who are required to manage, advise or account for the financial position of a department. If you need to know the University rules about income and expenditure on each sources of funds category or to optimise your department's funds, this is the session for you.
Prerequisites
Completion of the on-line Intro to CUFS course
Objectives
- Demonstrate the department financial summary report
- Sources of Funds - identify the current rules (including recent developments) for income, expenditure and investments on the commonly used funds
- Describe the role of Heads of Department, Administrators, the School office and central Finance Division staff in departmental financial management
- Explain how to optimise the income, allocations and reserves that a department holds (including an overview of the University resource allocation process)
- List the various sources of information, advice and support available to department staff
Format
Presentations, demonstrations and practicals.
Duration
Half day
Frequency
Twice yearly
Related courses
Theme
Managing Department Finance
Events available