- Financial reviews will be considered by the size of the initial investment to the program. - After the six year review, programs will be subject to random audits. *This review will compare budget to actual variance to determine the program’s success. *The objective of each review will be to determine if the program is continuing to meet operational objectives; and take appropriate actions if objectives are not being met. Report Financial Post *Vice Chancellor for *The University Business Officer representative will meet with the Vice Launch Administrative Chancellors and Dean to review a formal report on the status of the Cost Services Recovery Program and decisions regarding the future of the program every one, *Vice Chancellor for two, four and six years. Academic Affairs *College Dean *University Business Officer representative
- Financial reviews will be considered by the size of the initial investment to the program. - After the six year review, programs will be subject to random audits. *This review will compare budget to actual variance to determine the program’s success. *The objective of each review will be to determine if the program is continuing to meet operational objectives; and take appropriate actions if objectives are not being met. Report Financial Post Launch *Vice Chancellor for Administrative Services *Vice Chancellor for Academic Affairs *College Dean *University Business Officer representative *The University Business Officer representative will meet with the Vice Chancellors and Dean to review a formal report on the status of the Cost Recovery Program and decisions regarding the future of the program every one, two, four and six years.
CRP_Procedures.docx