| 5. Financial Resources |
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This section covers information on the college’s strategy and management of financial resources. The Finance Department provides accounting, procurement and contracting services, helping to make best use of resources and fulfilling statutory responsibilities. Information that may substantially prejudice the commercial interests of any person or organisation, personal information, or information, which would disrupt the effective conduct of public affairs, will be excluded from publication. Financial statementsCarnegie College’s annual accounts for the last two financial years are available on the Carnegie College website. (Annual Accounts). Budgetary processesPolicies and procedures for making budgetary allocations are part of the corporate planning cycle (Corporate Planning Process). Allocations are considered by the Finance Committee and approved by the Board of Management. Budgets overviewBudgetary allocations to major budgetary units are allocated on an annual basis. Allocations are considered by the Finance Committee and approved by the Board of Management. Financial regulationsThe College’s Financial Regulations is available on the Carnegie College website (Financial Regulations). InsuranceMarsh Limited acts as Carnegie College’s insurance brokers. The College has the following insurance policies in place:
InvestmentsSummary information on institutional endowments and investments is included in the Carnegie College Annual Accounts, available on the Carnegie College website. (Annual Accounts ) top Back to Freedom of Information Menu |
