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

Approval Details

Policy Domain	Financial Management
Policy Sponsor	Vice Chancellor
Approval Authority	Finance Committee
Date for next 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