Parameter D
Financial Management

Implementation

Benchmark Statements

I.1. The Institution maintains a Financial Management Office managed by qualified and competent personnel.

I.2. The financial management personnel are responsible for the efficient management of financial resources/funds of the Institution.

I.3. The administrative officials, staff, faculty and student representatives participate in the budget preparation and in the procurement program of the Institution.

I.4. The budget of the Institution is fairly and objectively allocated.

I.5. The Institution allocates funds for the following student services and activities:

I.5.1. cultural development;

I.5.2. sports development;

I.5.3. medical/dental services;

I.5.4. library;

I.5.5. student body organization;

I.5.6. guidance and counseling;

I.5.7. improvement of laboratories/shops;

I.5.8. repair and maintenance of facilities/equipment;

I.5.9. purchase of new equipment;

I.5.10. replacement of old equipment;

I.5.11. construction of new facilities, as needed;

I.5.12. improvement/expansion of physical plant;

I.5.13. extension and community services;

I.5.14. disaster and risks reduction; and

I.5.15. auxiliary services, etc.

I.6. The budget allotted for specific for specific expenditures indicated in item 1.5. is in consonance with existing policies and guidelines.

I.1. The Institution maintains a Financial Management Office managed by qualified and competent personnel.

BSFi-Area-10-D-I-1.pdf

I.2. The financial management personnel are responsible for the efficient management of financial resources/funds of the Institution.

BSFi-Area-10-D-I-2.pdf

I.3. The administrative officials, staff, faculty and student representatives participate in the budget preparation and in the procurement program of the Institution.

BSFi-Area-10-D-I-3.pdf

I.4. The budget of the Institution is fairly and objectively allocated.

BSFi-Area-10-D-I-4.pdf

I.5. The Institution allocates funds for the following student services and activities:

I.5.1. cultural development;

BSFi-Area-10-D-I-5.1.pdf

I.5.2. sports development;

BSFi-Area-10-D-I-5.2.pdf

I.5.3. medical/dental services;

BSFi-Area-10-D-I-5.3.pdf

I.5.4. library;

BSFi-Area-10-D-I-5.4.pdf

I.5.5. student body organization;

BSFi-Area-10-D-I-5.5.pdf

I.5.6. guidance and counseling;

BSFi-Area-10-D-I-5.6.pdf

I.5.7. improvement of laboratories/shops;

BSFi-Area-10-D-I-5.7.pdf

I.5.8. repair and maintenance of facilities/equipment;

BSFi-Area-10-D-I-5.8.pdf

I.5.9. purchase of new equipment;

BSFi-Area-10-D-I-5.9.pdf

I.5.10. replacement of old equipment;

BSFi-Area-10-D-I-5.10.pdf

I.5.11. construction of new facilities, as needed;

BSFi-Area-10-D-I-5.11.pdf

I.5.12. improvement/expansion of physical plant;

BSFi-Area-10-D-I-5.12.pdf

I.5.13. extension and community services;

BSFi-Area-10-D-I-5.13.pdf

I.5.14. disaster and risks reduction; and

BSFi-Area-10-D-I-5.14.pdf

I.5.15. auxiliary services, etc.

BSFi-Area-10-D-I-5.15.pdf

I.6. The budget allotted for specific for specific expenditures indicated in item 1.5. is in consonance with existing policies and guidelines.

BSFi-Area-10-D-I-6.pdf

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