FINANCIAL ACTIVITIES
Afrasiab University's financial activities are aimed at the effective management of the university's financial resources, the proper allocation of budgetary and extra-budgetary funds, and ensuring financial transparency.
The main purpose of financial activity is to support the stable development of the university, accurately plan all income and expenses, create a convenient payment system for students, and strictly comply with state and international financial discipline requirements.
Main areas of financial activity:
1. Budget funds - supporting educational and research processes through funds allocated by the state.
2. Contract payments - tuition payments made by students on a contract basis.
3. Grants and sponsorship funds - financial assistance provided through international projects, state and non-state organizations, and sponsors.
4. Public procurement and tenders - procurement processes for goods and services required for the university's needs.
5. Income from scientific activity - financial resources obtained as a result of research work and innovative projects.
6. International cooperation funds - funds attracted within projects implemented together with foreign educational and scientific institutions.
Goals and tasks:
- Ensuring the university's financial independence.
- Effective and rational use of financial resources.
- Increasing the level of transparency in financial management.
- Financing social support programs for students and professors.
- Publishing financial reports openly and regularly for the public.
Principles of financial activity:
- Transparency - openness of information on all financial income and expenses.
- Accountability - responsibility of the management in the financial governance process.
- Efficiency - rational and targeted use of available funds.
- Openness - regular publication of financial plans and reports.
Structure of financial management:
- Responsible leader for financial affairs
- Accounting department
- Financial planning department