SCHEDULE OF ACTIVITIES FROM BURSARY DEPARTMENT

BURSARY

1. Controlling the financial base of the Institute

2. Assisting the management to formulate financial policies by means of management information system

3. Receiving all monies due to the Institute, making authorized payments of expenditure and managing funds of the Institute

TREASURY

1. Preparing of payment documents and disbursement of all payments to the beneficiaries

2. Taking charge of stock of all purchased and accounting for same

3. Liaising with the Banks and preparing monthly Bank reconciliation statements

4. Preparing and disbursement of Course Tutors and Supervisors allowances

5. Liaising with the Federal Ministry of Education, office of Accountant General of the Federation (OAGF) and Central Bank of Nigeria (CBN) on matters relating to government grants and subventions.

REVENUE

1. Collecting and Accounting for all revenue accruing to the Institute

2. Preparing students payment records such as:

   1. Revenue Register

   2. Student ledger

   3. Sundry Students Debtors lists.

3. Receiving and Accounting for all educational incomes generated by other departments. CPD, SMASE ETC

BUDGET

1. Preparing the annual financial budget of the Institute

2. Translating the goals and aspirations of the Institute into monetary terms of budgeting and budgetary control.

3. Insures that accounting policies and standards are strictly adhere to

FINAL ACCOUNTS

1. Rendering annual final Accounts of the Institute

2. Preparation of Headquarters Accounts, Zonal and state offices account.

3. Maintenance of the Institute General Ledger

4. In house training and retraining of Accountants

5. Liaising with External Auditor

6. The financial accounting activities in the Institute conforms to relevant standards and reporting requirements.