Financial Accounting

The financial accounting team is primarily concerned with the following areas:

Financial Accounting

• Preparation of the University and subsidiary charities’ financial statements
• Preparation of the timetable for the above (available in the Financial Accounting section from June each year)
• Advising on accounting issues

Taxation

• Preparation of University VAT returns and other filings
• Advice on VAT (see also guidelines in VAT section)
• Preparation of the University Corporation Tax returns
• Requests for proof of residence letters from HMRC for withholding tax treaty reliefs

Endowments

• Advice on permitted use for endowments and funds available.

Treasury Management and Banking

• Investment of surplus funds
• Day to day management of banking relationships and allocation of non invoiced incoming cash

Internal Recharges

• Processing internal recharges onto Agresso