Financial Statements and Records Audit Unit

Overview

The Financial Statements and Records Audit Unit examines the university's accounts, entries and accounting records to confirm that they are correct, complete and supported by documentation. It helps ensure that the financial statements present the university's financial position accurately and faithfully.

Responsibilities

Auditing daily journal entries and accounting records against their supporting documents.
Auditing payroll and entitlement statements and tuition fee revenue.
Auditing bank reconciliations, cash balances and advances.
Auditing the final accounts and financial statements before they are issued.
Taking part in counts of cash, stores and fixed assets.
Reporting the observations and irregularities found, with recommendations for remedying them.