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The Financial Reporting Team provides a financial and management accounting service to the University.
Key outputs include producing the audited financial statements, 5 year financial forecasts, financial budgeting and planning, including cash and capital requirements.
The team completes financial returns to HEFCE and HESA, including the Annual Monitoring Returns and the Transparent Approach to Costing Return.
We also complete the University’s VAT and Corporation Tax returns, and files information with Companies House.
The team works with internal and external audit to deliver a robust financial environment that meets current best practice.
The team provides financial reports to the University Committees and Executive Board, detailing progress against financial plan.
Underpinning this, the team maintains the General Ledger system providing an accounting and budgeting package to the finance community within the University. This includes processes and procedures, budget monitoring, coding and advice.