It is the responsibility of the Chief Financial Officer to establish and maintain equity management systems (FMPM 510-599) which efficiently, effectively and economically manage all equity, including surpluses.

The equity management system, including adequate internal controls, must provide for identifying, measuring, managing, and recording equity including surpluses.

For enquiries in relation to this FMPM Overview please contact financialsystems@jcu.edu.au.

Administration

NOTE: Printed copies of this policy are uncontrolled, and currency can only be assured at the time of printing.

Approval Details

Policy Domain	University Management
Policy Sub-domain	Finance
Policy Custodian	Chief Financial Officer
Approval Authority	Vice Chancellor
Date for next Major Review	08/2018

Revision History

Version	Approval date	Implementation date	Details	Author
15-01	09/09/2015	10/09/2015	Policy Sponsor and Approval Authority updated to reflect the approved Policy and Delegations Framework	Quality Standards and Policy Unit
11-01	18/08/2011	18/08/2011	Finance Committee (06/11)
01-01	12/2001	12/2001