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3 Sep 2015: Reports available Summary of standard Cognos reports available to departmental users in both GL and Grants.

6 Feb 2015: CIMA - The Chartered Institute of Management Accountants CIMA is the world's largest and leading professional body of management accountants with 203,000 members and students in 173 countries.

26 Nov 2015: Process for 2023/24 Completed Scheduled Indirect Cost Contribution (or ICCs.) 3rd June 1st July Monthly Payroll 24th May 25th June Bad debt provision 3rd June 1st July CUEF distribution 11th June 9th July Deposit interest 11th June 9th July

30 Oct 2015: Our Service The Finance Staff Bureau is a dedicated team in the Finance Division to provide temporary or longer-term accounting cover for any department within the University.

10 Jun 2015: What you can claim Where possible the amounts an individual will have to advance from their own personal monies should be minimised by the use of a University credit card or by arranging for the supplier to invoice the University directly.

6 Feb 2015: What is PCI? In order for the University to carry out financial transactions involving the acceptance of payment cards (credit and debit) we have to comply with standards as laid down by the Payment Card Industry Board (PCI).

26 Nov 2015: Current areas of concern Fraudulent HMRC e-mails Fraudulent e-mails are being circulated relating to Her Majesty's Revenue & Customs (HMRC). In all cases the e-mails state that a tax refund has been calculated for an individual and provides a link

25 Jun 2015: Claiming staff expenses via Concur What can I claim? Claims for reimbursement of travelling expenses and subsistence by persons travelling on University business should be made in accordance with the rules and principles as detailed in the Expenses

6 Feb 2015: ACCA - The Association of Chartered Certified Accountants ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, with 162,000 members and 428,000 students.

19 Jan 2015: National Insurance (NI) thresholds Class 1 NICs Thresholds Figures to use 2024-25 Lower earnings limit (LEL) £123 per week £533 per month £6,396 per year Primary Threshold (PT) £242 per week £1,048 per month £12,570 per year Secondary

19 Jan 2015: New online course - Import principles for HE Procurement and School/Departmental staff Media Folder: Training This new online course is available covering the basic rules and considerations for the import of goods into the UK , this covers whether

11 Aug 2015: Search site. Finance Division. Full Economic Costing (fEC). The full economic costing methodology was adopted for costing all research grant proposals in September 2005. ... This is because the University needs to record the full economic costs of all

19 Jan 2015: Welcome to the Finance Division in this section you will find : The Finance Division Handbook (see Welcome pages) - which provides an overview of the division's structure and a summary of who does what and where Maps and directions as to how to find

6 Feb 2015: You should ensure that you have read the current ACCA exemption policy to ensure that you comply with the processes and avoid delays http://www.accaglobal.com/gb/en/student/getting-started/exemptions.html A maximum of nine papers at the Fundamentals

19 Jan 2015: Income Tax allowances 2020/21 2021/22 2022/23 2023/24 2024/25 Personal Allowance - those born after 5 April 1948 £12,500 £12,570 £12,570 £12,570 £12,570 - those born between 6 April 1938 and 5 April 1948 - - - - - - those born before 6 April

19 Jan 2015: The University of Cambridge has various software systems to monitor and report on operational data. Much of this is the financial data held in the University Finance System (UFS). Other systems include the staff and Payroll system CHRIS, Fee billing

17 Aug 2015: Search site. Finance Division. Establishing the Right Price to Charge (Full Economic Costing). ... In addition to establishing the full economic cost of an activity, institutions must consider the price which can be charged, bearing in mind the effect on

19 Jan 2015: The 2024-25 tax rates are: UK-wide tax allowances (UK) Basic rate 20% on annual earnings above the PAYE threshold and up to £37,700 Higher rate 40% over £37,701 to £125,140 Additional rate 45% over £125,140 and above Rates for Scotland (S Prefix)

19 Jan 2015: Search site. Finance Division. Key Dates and Rates. Key Dates & Rates. Search. Some items on this website are restricted. University members are encouraged to log in using Raven to make the best use of the site:. 2024 University of Cambridge.

19 Jan 2015: All foreign staff commencing employment must complete a Starter Checklist form, which should be sent to the Payroll Section. Download the Starter Checklist here. This form is designed to be completed online. Please ensure you complete both the

22 Jul 2015: Overview Accounting procedures for inventory and stock management. Not yet issued

19 Jan 2015: From 6 April 2013 form P38(S) was withdrawn from use. From this date students are treated in the same way as all other employees for Income tax and National Insurance contributions purposes. A Starter Checklist form should be completed in place of

26 Oct 2015: These pages set out procedures and provide additional information for claimants, approvers, department administrators and finance staff in interpreting the policy. The policy and its annex must be referenced for context.

18 Aug 2015: Search site. Finance Division. Training documentation and FAQs. Submitted by Helen Bailey on Tue, 18/08/2015 - 11:23. Link:. Search. Some items on this website are restricted. University members are encouraged to log in using Raven to make the best

6 Feb 2015: Warning - CIMA do change the exemption rules from time to time so always make sure that you check the situation directly with them before beginning any study programme.

6 Feb 2015: Sales These are the University’s Terms and Conditions which apply to all sales of goods and services made by the University unless otherwise stated or agreed between the parties, as well as our General Conditions of Contract terms for purchases of

7 Apr 2015: Download this chapter in PDF format Overview Month-end procedures are tasks performed every month (or period) prior to and following the closedown of the relevant CUFS modules (e.g. the General Ledger).

9 Apr 2015: The Non-Pay Expenditure section of the procedures manual provides guidance on: Supplier Database Processing suppliers' invoices Payments Foreign currency transactions Credit card procedures Month end tasks Petty cash

31 Mar 2015: Download this chapter in PDF format Overview The Compliance chapter of the procedures manual explains the responsibilities of departmental staff regarding financial matters to ensure the University can comply with its statutory duties.

31 Mar 2015: Topics covered in this section are: Acquisition of equipment Monitoring and maintenance of equipment Disposal of equipment

6 Feb 2015: To qualify as an ACCA member, you will need to complete: exams - a minimum of five of 15/14 exams (nine are eligible for exemption) experience - record 36 months' experience in a relevant role You will need to have a workplace mentor Fundamentals

2 Jun 2015: Consult Schedule 2 for the meaning of all words beginning with a capital letter. In particular the contract value must be calculated per the definition of Total Value.

7 Apr 2015: Budgets will freeze on working day 3 at 4pm and open at 9am on working day 6. All other modules will close at 5pm on the stated days.

6 Feb 2015: “CIMA is the world's largest professional body of management accountants. We offer the most relevant finance qualification for business.” http://www.cimaglobal.com/ By becoming a CIMA member you will join the world’s largest professional body

20 Mar 2015: Download this chapter in PDF format As the new finance system is brought in through the Financial Transformation Programme, this chapter of the Financial Procedures Manual will see significant changes. However, this is the current guidance for

6 Feb 2015: Choose to study accounting with ACCA and we will provide you with skills and knowledge relevant to any business, which means you are free to choose which type of accountancy role and organisation you want to work for.

5 Aug 2015: Weekly payment runs Payments take place weekly. All invoices have to be secondary approved in the system by 10h00 on Tuesdays. All payments are made electronically. The payment selection process commences at 10h00 on Tuesday for payment on the

2 Apr 2015: Download this chapter in PDF format Overview The principal purpose of this chapter of the Financial Procedures Manual is to set out and explain the procedures to be followed by staff in Departments in respect of income received by means of donation

20 Mar 2015: The new FX Management for Research Income Policy provides sterling budget certainty for those awards in scope. The budget is set on a key date in the award lifecycle. The key date is different for EC and non-EC awards.

1 Apr 2015: Search site. Finance Division. Appendices. Search. Some items on this website are restricted. University members are encouraged to log in using Raven to make the best use of the site:. 2024 University of Cambridge.

20 Mar 2015: A policy on the management of foreign currency research income was implemented with effect from 1 August 2009, following collaboration between the Research Office and the Finance Division.

1 Apr 2015: When trust funds are established there are a number of considerations that should be taken into discussion with potential benefactors, including: The value of the capital This should be sufficient for the purpose for which it is to be used.

29 Jul 2015: Pre-Award Services The Research Operations Office (ROO) are responsible for assisting departmental administrative and academic staff to understand the processes and requirements associated with research grants and contracts.

1 Apr 2015: The capital of a trust fund, (both permanent and spendable) is invested and then the income generated from these investments is used to provide the intended benefits of the trust.

6 Aug 2015: When goods are bought into the UK a tax called 'duty' is normally charged on the value of the goods (normally the purchase price). The duty applicable is calculated as a percentage of the value of the goods, but the percentage varies depending on

4 Sep 2015: This section gives you a general overview of what we mean by the chart of accounts and its importance, with a brief description of what each segment means and some basic rules about its use. Introduction What is the chart of accounts?

20 Mar 2015: This section explains how budgets are used within the University. It details those activities for which budgets are formally created and monitored in the University Finance System (UFS). It also provides guidance on the main issues that should be

6 Aug 2015: There are several considerations that must be addressed before any new type of external sales are undertaken or a significant increase in scale of activity occurs. The new activity form must be completed and forwarded to the Accounts Receivable

31 Mar 2015: Overview The usual means of incurring and managing the expenditure on land and buildings is through Estate Management (EM) because of the complexities of building projects.

11 Aug 2015: Each application for funding must be authorised by the Head of Department/ Institution or their nominated deputy (see delegated authority process) prior to the application being sent to their School Team within the Research Operations Office to