Compliance Overview / University of New England

Compliance Overview

Compliance Framework
Compliance Driver	Government Sector Finance Act 2018 (NSW)
Classification	Level 1 University-wide concern. Impacts on reputation and funding.
Associated Legislation	Government Sector Audit Act 1983 (NSW) University of New England Act 1993 (NSW) (NSW)
Associated Standards	None
Associated Codes	None
Associated Information	None

Return to Top Administrative Information
Administrative Body	NSW Treasury
Administrative Name
Administrative Address	Mailing Address GPO Box 5469 Sydney NSW Australia, 2000
Administrative Phone
Administrative Email
Administrative Website	https://www.treasury.nsw.gov.au/

Return to Top General Introduction
VC Compliance Delegate	Ilias Dimopoulos, Head of Finance
Compliance Coordinator	Ilias Dimopoulos, Head of Finance
Business Units Impacted	Academic Transitions Programs and Skills Administration Services Advancement, Communications, and Events Directorate Ag360 Animal Genetics and Breeding Unit Australian Business Research Institute Brand Partnership and Business Development Business Intelligence Careers & Employability Centre for Agriculture and Law Centre for Analytics Software Infomatics Centre for Animal Research and Teaching Centre for Applied Research in Social Science Centre for Local Government Collaborative Research Centres Consultant Controlled Entities Corporate Communications and Events Cotton Catchment Communities CRC CRC for Beef Genetic Technologies CRC for Spatial Information Curriculum and Academic Management Digital Education Education Enterprise Education Futures Education Quality Directorate English Language Centre Estate and Built Environment Examinations Office Faculty of Humanities, Arts, Social Sciences and Education Faculty of Medicine and Health Faculty of Science, Agriculture, Business and Law Finance Finance Strategy and Business Intelligence Graduate Research School Growing Regional and Agricultural Students in Science Heritage Centre Heritage Futures Research Centre Institute for Rural Futures Integrated Services and Operational Intelligence Internal Audit Legal Services Library Services Office of Strategy Management Office of the Chief Financial Officer Office of the Chief Operating Officer Office of the Deputy Vice-Chancellor Office of the Deputy Vice-Chancellor (Research) Office of the Director Governance and University Secretary Office of the Pro Vice-Chancellor (Academic Innovation) Office of the Pro Vice-Chancellor (External Relations) Office of the Pro Vice-Chancellor Indigenous Office of the Vice-Chancellor and CEO Oorala Aboriginal Centre Operational Reporting People and Culture Place Based@UNE Policies Team Poultry Hub Records Team Records, Policy and Governance Unit Research Centres and Institutes Research Services Residential System Rural Properties School of Education School of Environmental and Rural Science School of Health School of Humanities, Arts and Social Sciences School of Law School of Psychology School of Rural Medicine School of Science and Technology Sport UNE SportUNE Strategic Partnerships & Business Development Strategic Procurement Strategic Projects Group Student Experience Student Grievance Unit Student Services Technology and Digital Services The National Centre of Science, Information and Communication Technology, and Mathematics Education UNE Brand Marketing and International Strategy UNE Business School UNE Foundation Limited UNE Foundation Trust UNE International UNE Life UNE Life Pty Ltd UNE Marketing UNE Medical Centre UNE Partnerships Pty Ltd UNE Professional Superannuation Fund Pty Ltd University Secretariat Vechile Management Services Yarm Gwanga
Overview	The objects of this Act are as follows�" (a) to promote and support sound financial management, budgeting, performance, financial risk management, transparency and accountability in the government sector and by GSF agencies and government officers, (b) to facilitate the effective devolution of roles and responsibilities in connection with financial management to support efficient and effective government, (c) to require the efficient, effective and economical use and management of government resources and related money in accordance with the principles of sound financial management, (d) to promote appropriate stewardship of government resources and related money, (e) to facilitate cooperation and collaboration within and between GSF agencies for the purpose of achieving common objectives and whole of Government objectives, (f) to facilitate the keeping and sharing of performance information in the government sector for the purposes of decisions about resource allocation. NOTE: The Treasurer’s directions do not apply to a university or its controlled entities, except for the purposes of provisions of Divisions 7.2 and 7.3 of the Act that are applicable to universities and their controlled entities.
Compliance Obligations
Return to Top Division 7.2 Financial Reporting �" Accounts and records of GSF Agencies
Description	The University must ensure that accounts and records are kept for the agency that (a) Properly record and explain the agency’s transactions, cash flows, financial position and financial performance; and (b) Allow for the preparation and audit of financial statements or financial reports (Section 7.5)
Impacts
Responsible Manager	Ilias Dimopoulos, Head of Finance
Coordinating Officer	Ilias Dimopoulos, Head of Finance
Coordinating Unit	Finance Strategy and Business Intelligence
Oversight Committee/Group	None
Business Units Impacted	Finance Finance Strategy and Business Intelligence
Obligation Framework
Associated Legislation	None
Associated Standard	None
Associated Code	None
Associated Information	None
Management Tools
Rule	None
Policy	None
Procedure	None
Guideline	None
Other Websites

Compliance Obligations