FMPM 900 Overview - Financial Management Practice Manual

Policy Financial Management Further Applications (FMPM 900 - FMPM 999) FMPM 900 Overview - Financial Management Practice Manual

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Intent

The intent of this overview is to set out the requirements for the establishment, maintenance and approval of the Financial Management Practice Manual.

Scope

Function

Responsibility of

Establishment and maintenance of the Financial Management Practice Manual (FMPM)

Deputy Vice Chancellor, Services and Resources

Approval of Finance Policies

Finance Committee

Approval of Finance Procedures

Deputy Vice Chancellor, Services and Resources

Compliance with FMPM

Every individual engaged in financial management duties

Document Retention for amendment, alteration or variation to FMPM

Manager, Records

Policy

Requirements

  • It is the responsibility of the Deputy Vice Chancellor, Services and Resources to establish and maintain a financial management practices manual (FMPM) for use in the financial management of the University.
  • The FMPM must be in accordance with the policies and procedures used by the University to manage financial resources.
  • The FMPM must be read subject to any Act or law applicable to the University.
  • Finance Committee must approve the Finance Policies of the FMPM.
  • The Deputy Vice Chancellor, Services and Resources must approve the Finance Procedures of the FMPM.
  • Every individual engaged in duties concerning the financial management of the University must comply with the FMPM.
  • Every amendment, alteration or variation to the manual must be retained for a period of seven years after being superseded.

Related documents, legislation or JCU Statutes

Financial and Performance Management Standard 2009 (Sec 16)

General Retention and Disposal Schedule for Administrative Records (Sec 5.21.1) (issued under the Public Records Act 2002)

For enquiries in relation to this FMPM Policy please contact directorfabs@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 sponsor:

Deputy Vice Chancellor, Services and Resources

Approval authority:

Finance committee

Date for next review:

08/2016

Modification History

NOTE: A minor amendment will not result in a change of the next major review date.

Approval date - the date the approval authority approved the establishment, minor or major amendment or disestablishment

Implementation Date - the date the policy was published in the Policy Library and is the date the policy takes effect

Version no.

Approval date

Implementation date

Details

Author

17-1

19/01/2017

27/01/2017

Minor amendments to align with current organisation structure and current delegation practice

Quality, Standards and Policy Officer

11-02

18/08/2011

18/08/2011

Finance Committee (6/11)

 

11-01

14/4/2011

14/04/2011

Finance committee (02/11)

 

01-1

12/2001

12/2001

 

There are no related procedures.

There are no other related documents.