Financial regulations

Version 15, November 2011

Financial Regulations (complete) (PDF 111KB)

Financial Regulations by section

List of contents

Introduction

1. Background
2. Status of Financial Regulations
3. Responsibilities for Financial Control

Financial arrangements

4. Financial Planning
5. Annual Budget Preparation and Budgetary Control
6. Accounting Policies and Records
7. Banking Arrangements and Cheques
8. Borrowing

Income and expenditure

9. Income
10. Major Building, Engineering and Refurbishment Works and Minor Works Programme 
11. Orders for Goods, Services and Minor Works
12. External Consultants
13. Payment of Accounts
14. Card Payments and Special Payments
15. Travelling and Subsistence Payments
16. Travel on behalf of the University outside the UK
17. Imprest Payments
18. Salaries, Wages and Pensions

Audit and fraud prevention

19. External Audit
20. Internal Audit
21. Anti-fraud Policy and Anti-bribery Policy
22. Declarations of Interest
23. Hospitality and Gifts

Assets

24. Estates
25. Asset Registers
26. Stocks and Stores
27. Depreciation of Assets
28. Security
29. Investments

Research and consultancy

30. Intellectual Property Rights and Patents
31. Externally Funded Research and Knowledge Transfer
32. Consultancy

General

33. Insurances and Ex-gratia Payments
34. Trust Funds
35. Funds not administered directly by the Director of Finance
36. Taxation
37. University Companies and Joint Venture Companies
38. Major Educational Contracts and Franchise Agreements
39. Finance System Data Quality

Appendices

• Appendix A - Cheque Signing Arrangements
• Appendix B - Depreciation Policy