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Financial Management

The Financial Management Cost Bin consists of the Division of the Vice-President, Finance and Administration. The core activity of this bin is to support the central academic mission of York University by providing quality administrative services to the York community; enhancing the quality of campus life; and by ensuring fiscal responsibility. Main areas include:

  1. Office of the VP Finance and Administration
  2. Finance
  3. Financial Services in the University Services Centre (USC)
  4. Budgets & Asset Management (BAM)
  5. Internal Audit
  6. UIT's Enterprise Business Application Services

Cost Driver:

3-year rolling average of Total Operating & Research Expenditures

Methodology:

Financial Management costs are attributed to all revenue generating units based on each units proportion of total institutional expenditures (operating & research), averaged over 3 years and slipped two years.