The General Accounting division has as functions and responsibilities:
- Supervision, verification, and coordination all official University financial statements and related transactions;
- Maintenance of the general ledger and all related accounts with proper documentation and record of transactions in conformity to International Public Sector Accounting Standards;
- Preparation of monthly bank reconciliation for all accounts;
- Maintenance of fixed assets record and related controls;
- Formulation of depreciation terms/rates to be applied to capitalized items;
- Assistance to the Financial Director during internal and year-end audits, as well as preparation and organization of schedules and documents for independent auditors;
- Preparation of external reporting documents as directed by the Finance Director; and
- Response to inquiries as necessary.