Previous page
Table of Contents
|
Previous page
|
Table of Contents
|
Next page
|
The abstract of the annual accounts of the University has in recent years been published as a single special edition of the Reporter. The abstract covers the principal financial statements of Income and Expenditure, Balance Sheet, Cash flow, and Recognized Gains and Losses, together with the supporting Notes to the Accounts, Treasurer's Report, and other statements and reports. This set of statements, notes, and reports (the 'Financial Statements') are audited. The Financial Statements constitute the abstract of the accounts as required by Statute F, I, 1(d) and are submitted to the Higher Education Funding Council for England. They are of interest to an external audience as well as to members of the University.
Additional unaudited financial information has been included in appendices to the Financial Statements. This additional information has proved of interest and value to members of the University.
The Council, on the advice of the Finance Committee, wish to differentiate between the two sets of documents recognizing the different purposes and audiences, and in particular wish to facilitate the availability of additional financial information. The Council intend that the Financial Statements be published in a weekly edition of the Reporter and also be made available as a separate publication. The additional information (which will include detailed notes to the Financial Statements, costs of academic Faculties, Departments, and of research grants and contracts, trust fund and special accounts, investments, and reserves information) will be adapted and published in a special edition of the Reporter as Financial Management Information. The Council anticipate that the scope of the Financial Management Information will be expanded in time.
|
Previous page
|
Table of Contents
|
Next page
|
Cambridge University Reporter, 20 November 2002
Copyright © 2002 The Chancellor, Masters and Scholars
of the University of Cambridge.