Boards of the College and the University approved a formal agreement April 11 to seek merger. It called for urgent action on the part of the University to correct these deficiencies. Student Music Week was once again an extremely successful enterprise in the cultural life of the University and the community in general.
The main role of the Graduate Union is that of a University of Melbourne postgraduate college. Ducker – the second and third volume with the prestigious imprint of the Miegunyah Press. DECREASE IN THE LEVEL IN REAL TERMS OF THE GENERAL RETURNING GRANT FOR THE NORMAL PROGRAM OF THE UNIVERSITY.
APPENDIX C THE TOTAL OF THE GENERAL BUSINESS CHAIRS FOR 1989, ANNOUNCED IN NOVEMBER 1988 FOR THE UNIVERSITY AND THE.
ANNUAL REPORT 1988 (PART 2, - FINANCIAL STATEMENTS)
FUND ACCOUNTING
In most cases, it is not permissible for these grants or donations to be used for any university purposes other than the specified project. It is necessary for the University to provide those carrying out the projects with periodic statements on progressive expenditure and obligations against the available funds; and to provide the donors of awarding bodies with a final statement covering the expenditure from their grants. For reporting purposes there are four main groups of Funds: - (a) the General Recurring Grant Fund, which is available for. to fund the University's normal operating costs for teaching, research and related support activities;.
The income and expenses of the funds under (a), (b) and (c) above are summarized in the combined statement. A separate statement of income and expenses is prepared for each of the auxiliary activities listed in note 13. GENERAL ACCUMULATED FUND CONTENT Net total of balances in individual funds. This item represents the outstanding bond loan balances held by the University on behalf of the Melbourne University Union and the Sport and Physical Recreation Center (see Note 7).
INCOME RECEIVED IN ADVANCE - GENERAL ACCOUNT
DEBENTURE LOANS FOR BUILDINGS - GENERAL ACCOUNT
TRUST - DEFERRED LIABILITY - WORKERS' COMPENSATION INSURANCE MANAGED FUND This is the balance of a workers' compensation insurance 'managed fund',
ANNUAL LEAVE AND LONG SERVICE LEAVE LIABILITY
CONTINGENT LIABILITIES
EVENTS SUBSEQUENT TO BALANCE DATE
MELBOURNE BUSINESS SCHOOL LIMITED
SEPARATE STATEMENTS FOR UNIVERSITY AUXILIARY ACTIVITIES OR ACCOUNTING ENTITIES
COMBINED STATEMENT - SUMMARY Summary of Income and Expenditure for all General purposes for the Year ended 31 December 1988 (With comparative adjusted amounts for 1987) Total 1987 Note Income Total 1988 Statements grants Recurring General (Tertiary Grants Special Grant) Education Assistance Equipment Act. Building Grants University Trust Funds. Note Section A - Income Income other than that specified for Research Commonwealth Government Grants State Government Grants Higher Education Administration Charges Income from fee payment Student fees for continuing education courses Donations and grants (except from the Australian and State Governments.1 Costs for services investment Income Amenities and Service Fees Other Income Specified Research Income Commonwealth Government Grants Government Grants Donations and grants (except from the Australian and State Governments.) 3, COMBINED STATEMENT - EIPENDITORR Statement showing Expenditure for all General purposes for the year ended 31 December 1988 (With comparative adjusted amounts for 1981).
Purchase of equipment Study abroad program and conferences (excluding sal comp,) Total 1988. 3, CONSOLIDATED STATEMENT - EIPENDITURS A statement showing expenditures for all general purposes for the year ended December 31, 1908 I with comparative adjusted amounts for 1987) . Note Subtotal for Other Centralized Academic Services Total for Academic Services Auxiliary Student Services. Research Grants .Other Grants Prizes and Exhibitions Papua, Eros the Asenities and Services Fee Fund for Sports and Physical Recreation Centre, Melbourne University Union and Student Representative Council Department of Ancillary Student Services Salaries, Pensions, Pensions, Salary Costs Other Expenditure Total for Ancillary student services General university services Adainiatration Salaries, pensions Payroll expenses Purchase of computer services Other expenses Mork Care Charges Recoveries - Occupational safety unit Subtotal for overheads Adisinistration Advertising.
3, CONSOLIDATED STATEMENT - STATEMENT OF EXPENDITURE showing expenditure for all general purposes for the year ended 31st December 1988, with comparative adjusted amount, for 19871 State Grants (Tertiary Education Assistance) Act Total 1988. Other University Fund, Postage and telephones (including payments on PABI equip) Printing and stationery Furniture Insurance Energy, lighting, strikes Other expenses Occupational health and safety levy - Net credit to amounts debited to university accounts. Subtotal for building and land overhead costs (excluding new construction projects, major alterations to existing buildings and land acquisition).
Materials, Equipment, Contracts Water and General Rates (including Land Taxl Other expenses (including payment, to teaching forest hospitals Recoveries from university accounts Subtotal for buildings and grounds Total for general university service, public service,. COMBINED STATEMENT - EXPENDITURE statement of expenditure shoe for all General purposes for the year ended December 1988 (With comparative adjusted amounts for 1987) co Contribution to Child Care Facilities Other Expenditure Total for Independent Operations Total of Section A Expenditure Section B - Be, Buildings, including Furniture and Site Works, Major Alteration.
GENERAL ACCOUNT
STUDENT LOAN FUNDS
University aid to students CTEC Special Higher Students to Students Financial Assistance Education Loan Fund and Seed Aid Special for Students Adain. Sub-Couittee Reserve Funds The Sub-Couittee, 2.Salaries and Related Expenses, made a grant of $150,000 to the University Student Loan Fund. All salaries and related expenses associated with the administration of these funds were assumed by the University's General Fund.
These investments are part of the university's Trust Balances Investment Pool, which is held as a mix of short, medium and long term fixed income securities. The University of Melbourne Council has approved the transfer of higher education balance. Administration Fees Loan Fund to General Funds in 1989, as the Loan Fund will no longer be needed after the abolition of Higher Education Administration Fees as Iron on January 1, 1989.
These declarations must be read in conjunction with note 13 in 'Notes to the university's published accounts'.
BALLS OF RESIDENCE
BALLS OP RESIDENCE
Provisions and Stores expenditure includes the cost of contract catering
The Ida Scheps building was told in April, 1988
These investments fore part of the Oaiversity's Trust Balances Investment Pool which is held as a suture of short, medium and long ten fixed interest securities
This statement should be read in conjunction with Note 13 of the 'Notes on the University's Published Financial Statesents'
The activities of this body will be transferred to Melbourne University Students' Onion Incorporated from 3 January 1989 and will no longer form part of the university's published statements. These Statements should be read in conjunction with Rote 13 of the University's 'Rotes on Published Financial Statements'. The depreciated book value of the Air Hall on the date of destruction has been written off and is shown as Extraordinary.
The insurance cup has been set aside as a reserve for the replacement of the Ball. A Large Maintenance Reserve was created for the first time from a grant the University received in 1988 for a five year maintenance programme. These statements should be read in conjunction with note 13 of the 'Notes on the University's published accounts'.
The building development reserve was created in 1981 to repay the university loan for facility expansion. These statements must be read in conjunction with note 13 in "Notes on the University's Graduate School of Management Foundation is included in the University's management account, statement of balances, statement 5.
Responsibility for the activities of the Graduate School of Management - Advanced Management Education will be transferred to Melbourne Business School Limited from 1 January 1989. Responsibility for the activities of the Graduate School of Management - Residential Souse will be transferred to Melbourne Business School Limited from 1 January 1989 These statements should be read in conjunction with Note 13 of the 'Notes on the financial statement published by the University.
STAFF SUPERANNUATION (19861 FUND
These statements should be read in conjunction with Note 13 to the 'Notes to the University's Financial Statements'. This statement should be read in conjunction with Note 13 to the 'Notes to the University's Financial Statements'. Explanations and part of the financial statements 9 Statement of sources and use of funds.
During the year, there were no significant changes in the nature of the company's activities. According to the Directors of Melbourne Business School Limited:. a) the accompanying financial statements as shown on pages 7 to 13 have been prepared to give a true and fair view of the results of the company for the year ended 31 December 1988 and the state of affairs of the companies as at 31 December. 1988; The accompanying financial statements of the Company have been prepared in accordance with Australian Accounting Standards and applicable approved accounting standards.
The income statement should be read together with the notes to the financial statements on pages 9 to 13 and are part of this statement. Below is a summary of the significant accounting policies adopted by the company in preparing its financial statements. . The Summary of Sources and Uses of Funds should be read in conjunction with the Notes to the Summary and form part of the Summary.
MELBOURNE BUSINESS SCHOOL LIMITED NOTES TO AND IS PART OF THE SUMMARY OF FUND SOURCES AND USES. In our opinion, the accounts, numbered 1 through 18, together with the introductory notes to the accounts, give a fair picture of the activities of the University for the year ended December 31, 1988, the changes in its financial position during the year and state of affairs. of the university's affairs at the end of the year. In our opinion, statement number 19 gives a fair picture of the activities of the University of Melbourne (Melbourne University Press) for the year ended 30 September 1988, the changes in its financial position during the year and the state of affairs of the University of Melbourne. Hit the end of the year.
In my opinion, the accounts, numbered 1 through 18, together with the introductory notes to the accounts, give a fair picture of the activities of the university for the year ended December 31, 1988, the changes in its financial position during the year and the state balance sheet. of university affairs at the end of the year. In my opinion, the account statement number 19 gives a fair picture of the activities of the University of Melbourne (Melbourne University Press) for the year ended 30 September 1988, the changes in its financial position during the year and the state of affairs of the University of Melbourne. Hit the end of the year.
A. BARAGWANATH Auditor-General
