ABN |
Australian Business Number |
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ABS |
Australian Bureau of Statistics |
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ACNC |
Australian Charities and Not-for-Profits Commission |
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AFS |
Annual financial statements |
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AP |
Accounts payable |
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APA |
Australian Post Graduate Awards |
PhD and masters scholarships awarded to individual students |
AR |
Accounts receivable |
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ARC |
Australian Research Council |
An Australian government central research funding agency. |
ASIC |
Australian Securities and Investments Commission |
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AusAID |
Australian Agency for International Development |
A commonwealth government agency that funds certain international students’ tuition and stipends. |
BlackRock |
BlackRock |
One of the University’s Australian equity fund managers. |
BAS |
Business activity statement |
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CA |
Chartered accountant |
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CF |
Carry forward |
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CGS |
Commonwealth Grant Scheme |
The commonwealth government contribution for University study. This, together with HECS, provides funding for commonwealth supported students. |
CIP |
Capital infrastructure plan |
The University’s rolling 10 year plan for expenditure on buildings &infrastructure and IDS. |
COA |
Chart of accounts |
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CPA |
Certified practising accountant |
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CRH |
Centre for Remote Health |
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CSL |
Commonwealth supportedlLoad |
Student load which receives a commonwealth government funding contribution |
DGR |
Deductible gift recipient |
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DOCS |
Director of College Services |
College head |
EFT |
Electronic funds transfer |
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EFTSL |
Equivalent full time student load |
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ER |
Employer sponsored |
Students whose fees are paid via agreements with their employer |
FBT |
Fringe benefits tax |
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FD |
Flexible delivery |
Teaching not done in the classroom etc, eg on-line |
FPPG |
Full fee paying post graduate |
Fees paid for domestic students only |
FIC |
Finance & Investment Committee |
A committee of the Flinders University |
FL |
Flinders Living |
On campus accommodation |
F&PS |
Finance & Procurement Services Division |
A division of the University. |
FTE |
Full time equivalent |
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FUST |
Finance User Support Team |
Was a team working within Finance & Procurement Services |
GL |
General ledger |
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GST |
Goods and services tax |
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HECS |
Higher Education Contribution Scheme |
The student contribution to University study. Can be paid upfront or deferred, in which case it is recovered through the taxation system once a person’s income has reached the prescribed threshold. |
HELP |
Higher Education Loan Program |
The student contribution to University study which can be deferred, in which case it is recovered through the taxation system once a person’s income has reached the prescribed threshold. |
HEPP |
Higher Education Participation Program |
Consolidates HEPPP and HEPP into one. A new access participation fund and the existing National Priorities Pool as outlined below. |
HEPPP |
Higher Education Participation and Partnerships Program |
A commonwealth government funding scheme to improve access for lower socio-economic students to undergraduate study, as well as improving retention and completion rates for those students. |
HWA |
Health Workforce Australia |
A commonwealth government funded body that provides funding to universities, especially to support clinical placements. |
IDS |
Information and Digital Services |
A division of the University. |
IL |
Infrastructure levy |
Levy applied to JRE, SRE and RIBG to support infrastructure |
IPRS |
International Post Graduate Research Scholarship |
PhD and masters scholarships awarded to international students. |
ISP |
International Student Program |
Fees paid for international student tuition |
ITEC |
Income tax exempt charity |
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LSL |
Long service leave |
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NHMRC |
National Health and Medical Research Council |
An Australian government central research funding agency. |
NILS |
National Institute of Labour Studies |
A part of the University, supported by the NILS Foundation Inc. |
NTMP |
Northern Territory Medical Program |
The University’s medical teaching program in the NT. |
PF&D |
Property, Facilities & Development |
Building department of the University |
PO |
Purchase order |
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PPE |
Property, plant & equipment |
An asset category on the statement of financial position. |
RSP |
Research support program |
Grant for the purpose of supporting the systemic costs of research not supported directly through competitive and other grants, such as libraries, laboratories, consumables, computing centres and the salaries of support and technical staff. |
RTP |
Research training program |
Grants for the purpose of supporting the training of higher degree research (HDR) students. |
SAHMRI |
South Australian Health and Medical Research Institute |
A South Australian Company limited by guarantee with the South Australian government and three South Australian universities as members. Its purpose is to be a flagship research institute for South Australia. |
Schroder |
Schroder |
One of the University’s Australian equity fund managers. |
SET |
Senior executive team |
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SSAF |
Student services and amenities fee |
A compulsory fee paid by students that can only be spent on prescribed services and amenities for students. |
StarRez |
StarRez |
Accommodation booking system used by Flinders Living |
VP (CS) |
Vice-President (Corporate Services) |
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TCC |
Tax concession charity |
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Tied |
Grant and other funding received by the University that can only be spent for the purpose granted. |
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USF |
University strategic fund |
Funds set aside in the budget each year to be used for strategic purposes determined by the Vice-Chancellor. |
VAT |
Value added tax |
Usually only applies to the UK or other European countries. |
VC |
Vice-Chancellor |
CEO of the University |
VPED |
Vice-President & Executive Dean |
College head |
WC |
Workers compensation |
The liability for the expected costs of workers compensation. |
WHS |
Work Health & Safety |
(new OHS) |
WOL |
Whole of life reporting |
A new report |
Account Number |
The Entity . Cost Centre . Project . Natural Account |
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Basware |
The coding and approval system for Invoices and Reimbursements. |
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Cost centre |
The three digit number given that defines an area. |
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Employee |
A Flinders University employee paid via the University P&C department. |
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Natural account |
The four digit number given that catagorises the expense within the project. |
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Project |
The five digit number given that defines the activity or project funding. |
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Purchasing card |
A Flinders credit card for employees only. |
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Technology One |
The University's finance system. (Also referred to as Tech One or T1) |
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Vendor |
The supplier of goods/services to to the University. |
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Underlying (Untied) |
Core University funding over which the University has general expenditure discretion |
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