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Finance Department Information

The overall goal of the department is to manage effectively and efficiently the institute’s scarce resources.

 

 

 

 

Main duties of the department

  • To manage finance resource in accordance with Generally Accepted Accounting Principles (GAAP)
  • To protect against misappropriations and frauds
  • To establish basic internal controls on cash receipts, cash maintenance and disbursements 
  • To produce an accurate and relevant information to management for decision making 
  • To assure adherence to management’s policies 

Main dimensions of the department

  • Developing financial policies and procedures
  • Developing and training the staff
  • Re-designing and re-engineering the department in general
  • Developing the communication between the department and the institute in general.

 
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