The Capital Reporting team maintains the university’s capital accounting systems and provides expertise for university capital funding and capital project financing issues. The team works in partnership with faculties and departments to ensure the understanding of and compliance with financial policies and procedures, and that funds are accounted for within those polices.
Capital Reporting initiates the set up of all capital project codes, prepares capital requisitions, reviews invoices for payment, prepares monthly accruals, and books project management and administration fees to be charged by Facilities. The team also oversees the various close out phases of capital projects in conjunction with Project Managers.
The Capital Reporting team provides forecasting and reporting for capital projects across the institution. The team prepares the reporting on capital grants received by the university, prepares quarterly capital reports to the Board, and works in conjunction with IDP in preparing and reconciling reporting for Partnership Research Grants.