Financial Monitoring and Effective Institutional Management


As higher education institutions in many countries become more autonomous, with devolved governance arrangements and greater financial responsibility, the question of financial monitoring arises in a new way.


This activity, which was jointly organised with the Higher Education Funding Council for England (HEFCE) examined financial monitoring responsibilities in eight countries, in the context of national funding policies and governance arrangements. It includes case-studies of institutional financial and resource management practices.


The aim of the project was to contribute to the development of higher education policy and management in the countries concerned through ensuring the effectiveness of institutional financial governance and management. The activity was steered by an international Working Group with representatives of the participating countries and of HEFCE and IMHE.


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