Financial Planning Section
\nThere is also a central Administrative Support Office which provides secretarial support to the above-mentioned sections.<\/p>\n
<\/p>\n
This Section prepares detailed income and expenditure budgets, and cash-flow forecasts for each financial year, as well as various financial reports. It ensures that goods and services are purchased at the competitive rates and according to internal and EU regulations. The Section also administers the University’s supply chain of goods.<\/p>\n
Budget Office<\/strong><\/p>\n The Office prepares all University revenue and expense budgets, including academic departments and administrative services. Costing and Earned Income Activities Office<\/strong><\/p>\n The Office provides support for the financial administration of the University’s activities that generate income (project costing, cost-benefit analysis etc), prepares reports and gives administrative assistance for the various subsidies and contracts undertaken by the University.<\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" The Financial Services Division is divided into two major sections, namely: Financial Planning Section There is also a central Administrative Support Office which provides secretarial support to the above-mentioned sections. Financial Planning Section This Section prepares detailed income and expenditure budgets, and cash-flow forecasts for each financial year, as [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":-1,"parent":2,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-291","page","type-page","status-publish","has-post-thumbnail","hentry"],"publishpress_future_action":{"enabled":false,"date":"2026-06-11 15:07:17","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"translation_priority","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/pages\/291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/comments?post=291"}],"version-history":[{"count":6,"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/pages\/291\/revisions"}],"predecessor-version":[{"id":2639,"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/pages\/291\/revisions\/2639"}],"up":[{"embeddable":true,"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/pages\/2"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/www.ucy.ac.cy\/fs\/wp-json\/wp\/v2\/media?parent=291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nIts also develops budget forecasting models, prepares the daily agenda for the Finance and Personnel Committee of the Senate, handles its administrative work (preparation of minutes) and ensures application of its decisions.<\/p>\n