Financial Management Policy and Procedures


The University has been entrusted with public and private funds to fulfil its mission of learning and teaching, research and community engagement. In carrying out activities to support its mission, the University must comply with specific financial administration, accounting, control, management, audit and reporting requirements, as specified in legislation and by various government and auditing agencies including the South Australian Auditor-General.

RMO File No. 2014/8258
Policy custodian Chief Operating Officer
Responsible policy officer Chief Financial Officer
Endorsed by Vice-Chancellors Executive on 8 November 2017
Approved by Policy Custodian on 1 February 2021
Related Policies See the Financial Services Handbook for additional procedures.
Related legislation Australian Accounting Standards Board (AASB) Accounting Standards

Australian Auditing Standards (AUS) and Auditing Guidance Statements (AGS)

Superceded Policies Capital Expenditure Policy
Amortisation of Software and Development/Implementation Costs

All Revenue and Accounts Receivable Policies: Amending Customers Policy; Collecting Debts Policy; Creating Customers Policy; Credit Notes (Adjustment Notes) Policy; Customer Credit Policy; Invoicing (Billing) Policy; Managing and Reporting Debts Policy; Receipting and Banking Policy; Refunds Policy; Revenue and Accounts Receivable Overview; Writing Off Debts Policy

Strategic Procurement Procedures: merged with Procurement Procedures

Effective from 1 February 2021
Review Date 31 January 2024
Contact for queries about the policy Financial Services on ext. 34265

Printed copies of these documents may not be up to date. Please refer to the University Policy and Procedures website for the latest version.