General Policies

General Financial Services Policies

Specific policies related to a department will be included in that department's web pages.

Number	Document Link / description	Link Type
AD 3.01	Petty Cash Used only for payment of minor expenses for which it would not be practicable to issue cheques. The purchase of materials and services which do not exceed $50.00 per transaction may be made from the Petty Cash fund.	<HTML>
AD 3.02	Travel & Business Expenses Covers the reimbursement of travel and business expenses incurred on university business by Board members, all employees of the university and also extends to other individuals associated with the university and/or working on behalf of the university	<HTML>
AD 3.03	Direct Acquisition of Goods & Services There are some types of acquisitions for which a Purchase Order is neither required nor appropriate. Generally, such acquisitions involve things obtainable from one source, at a fixed price and for which no discount or tax advantage is available	<HTML>
AD 3.05	Credit & Collection Outlines the terms for payment of amounts owing to the University and the steps to be taken in the collection of overdue accounts	<HTML>
AD 3.10	Internal Audit Policy Established to independently review and appraise the soundness, adequacy, and application of accounting, financial and other operating controls which support the University's objectives in compliance with established policies, procedures, and sound fiscal management.	<HTML>
AD 3.11	Employee ⁄ Independant Contractor Policy Provides guidance on the appropriate methods of payment for services provided to the University and whether or not an employer/employee relationship exists in connection with the provision of those services.	<HTML>
AD 3.12	Supplementary Course Fees Sets out the definition of credit instruction to be covered by tuition fees and mandatory supplementary course fees and the process by which such fees will be introduced or changed, published and collected. Click here for Mandatory Supplementary Course Fee Form	<HTML>
AD 3.14	Indemnity Approval Policy To describe the process required by the Minister of Finance and Corporate Relations to enable to University to provide an indemnity to another party.	<HTML>
GP 20	Endowment Management Policy A financial vehicle which is designed for the collection and use of economically valuable assets in perpetuity. Assets may include real property, shares or cash.	<HTML>

Disclaimer: This collection is intended to function as a convenient reference only. Since updates to policies are made on a regular basis, it is impossible to ensure complete accuracy at all times. Therefore, the University does not warrant the accuracy or completeness of this electronic collection of the policies and in no event will the University be liable or responsible for damages of any kind arising out of the use of the policies. In the event of any discrepancies between the policy documents formally approved and the versions published via this Web site, the former shall be the governing version.