8.4 Financial resources
This category covers information on the institution’s strategy and management of financial resources.
The finance department provides accounting, procurement and contracting services, helping to make best use of resources and fulfilling statutory responsibilities. Information that may substantially prejudice the commercial interests of any person, personal information, or information which would disrupt the effective conduct of public affairs will be excluded from publication.
More about the financial resources of the University of the Highlands and Islands.
| Category Name | Category Description | Examples/Comments | Format of information | Fee | Withheld information |
|---|---|---|---|---|---|
| Financial statements | The institution's annual accounts | Typically the financial statements approved by the governing body | Available on website | Free | |
| Budgetary processes | Policies and procedures for making budgetary allocations to major budgetary units | Available on website | Free | ||
| Budgets overview | Summary of overall budget and budgetary allocations to major budgetary units | Finalised budgetary allocations | Free | ||
| Financial regulations | Institution's financial administration manual
|
Typically this would cover information on purchasing goods and services, and on reclaiming expenses
Examples include: Financial regulations, staff travel policy and procedures, year-end instructions, policy for fraud prevention, detection and investigation, fraud policy statement |
Available on website | Free | |
| Insurance | Summary information on the institution's major insurance policies | Names and addresses of the University's insurers, and broad information on the range of risks covered. | Available on website | Free | |
| Senior staff remuneration | Principal's remuneration and statistical information on remuneration of other senior staff required to be published under the SFC Financial Memorandum | Information can be found within our Annual Report and Financial Statements, | Available on website | Free | |
| Investments | Summary information on institutional endowments and investments | UHI currently holds no investments
Information can be found within our Annual Report and Financial Statements, |
Available on website | Free |