Certificate in University Financial Control for Growth
-- ViewingNowThe Certificate in University Financial Control for Growth is a comprehensive course designed to empower financial professionals in higher education institutions. This program emphasizes the importance of financial control in universities, addressing the unique challenges they face.
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โข University Budgeting: An introduction to the budgeting process in universities, including forecasting, revenue and expense planning, and budget management. โข Financial Reporting: Understanding financial statements, reporting requirements, and best practices for universities. โข Financial Control Systems: Implementing and managing financial control systems, including internal controls, audit procedures, and financial system design. โข Risk Management: Identifying, assessing, and managing financial risks in universities, including financial, operational, and compliance risks. โข Capital Project Management: Managing capital projects, including project planning, budgeting, and monitoring. โข Grants and Contract Management: Managing grants and contracts, including compliance, financial reporting, and sub-recipient monitoring. โข Procurement and Supply Chain Management: Best practices for procurement and supply chain management in universities, including procurement policies, supplier selection, and contract management. โข Tuition and Financial Aid: Understanding tuition and financial aid policies and practices, including need-based and merit-based aid, and financial aid leveraging. โข Endowment Management: Managing university endowments, including investment policies, spending policies, and donor relations.
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