An Introduction to University Finance

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This course is designed to provide a basic introduction to how finances are managed at the University and is the ideal first course for anyone who will be working in an accounts area.

Not only does it provide an overview of how the University's Finance System (UFS) is structured but also which activities are performed centrally and which are done in departments. It introduces the concepts of the Financial Regulations and Finance Procedures as well as signposting where you can find more support, how to access UFS and what training may be appropriate for your role.

Suitable for:

• anyone new to an accounts role in the University
• those who are taking on extra accounting responsibilities and want to understand the broader picture
• anyone who would simply like a refresher
• new starters at the University who simply want an appreciation how finance activities are organised here

An overview of University finances

• How the University is funded
• The role of Financial Regulations
• Finance Division v Departmental activities
• The roles of Development Office, Research Operations and the Investment Office

The Finance System

• What each module does and how they all fit together

University account code structure

• The General Ledger account code string and what each segment means
• How to find more information about the coding of Research Grants

Support available

• Who does what in your department
• Finance Managers and Finance Advisers' support
• Online resources:the Finance Division website and the Financial Procedures Manual
• The CUFS Helpdesk
• Keeping up to date : the CUFS Bulletin and the Finance Users Group
• Further training: mandatory courses, other courses available, online guidance and FAQs plus suggested training for particular roles

Accessing CUFS

• Requesting responsibilities
• The live site
• Passphrases

To give a brief introduction to the University finances, signposting key finance resources, particularly the University Finance System, and to offer guidance on where to get support.

Online : including interactive tasks to check your understanding of a section, or to expand your knowledge.

This course should work fine in most modern Smartphones and on tablet devices too.

Please make a booking in order to receive the web link to access the material for this online module.

30-45 minutes

Can be accessed as often as you like.

• AP Part 1: Getting Started in Accounts Payable
• Cash Handling

• CUFS Training
• Finance Staff ONLY