Finance

Policy and procedure classifications on this page:

• Budget
• Investment of Funds
• Expenses
• Signing Authority
• Accounts Receivable
• Capital Assets
• Procurement
• Hedging
• Professional Services
• Vehicles for SAIT Business Use

The Finance Policies and Procedures area includes information related to the management of financial resources, and related accounting and performance reporting.

Authority/Responsibility: 

• CFO and Vice President, Corporate Services

Note: These documents are provided for reference only, and official signed copies may be obtained from the Board of Governors Office.

Budget

• FN.1.1  Budget and Business Plan Policy
• FN.1.1.1  Operating Budget Procedure
• FN.1.1.2  Capital Budget Procedure

Procurement

• FN.7.1  Procurement Policy
• FN.7.1.3 Procurement Procedure
  
  • FN.7.1.3  Schedule A - Single Sole Sourcing Form
• FN.7.1.4  SAIT Credit Card Procedure
  • FN.7.1.4  Schedule A - Credit Card Operating Manual

Professional Services

• FN.8.1  Professional Services Policy
• FN.8.1.1  Professional Services Procedure

Investment of Funds

• FN.9.1  Investment of Funds Policy
• FN.9.1.1  Investment of Funds in Excess of Operating Requirements Procedure
  • FN.9.1.1   Schedule A - Certificate of Compliance

Expenses

• FN.11.1  Expenses Policy
• FN.11.1.1  Expenses Procedure
  • FN.11.1.1 Schedule A - ExpensesNot Eligible for Reimbursement
  • AP60 - Department Pre-approval
  • EX10 - Canadian Expense Claim
  • EX11 - Foreign Currency Expense Claim
  • EX14 - Team Meal Advance
  • EX15 - Missing Receipt
• FN.11.1.3  Hosting Expenses Procedure
• FN.11.1.5  Petty Cash Procedure
  • EX50/51/52/53/54 - Petty Cash Form

Signing Authority - Revenue Generating, Expenditure and Other Contracts/Agreements

• FN.12.1  Signing Authority - Revenue Generating, Expenditure and Other Contracts/Agreements Policy
• FN.12.1.1  Signing Authority - Revenue Generating, Expenditure and Other Contracts/Agreements Procedure
  • FN.12.1.1   Schedule A - Contract/Agreement Register
  • FN.12.1.1   Schedule B - Supply Management Approval Workflow

Accounts Receivable

• FN.13.1  Accounts Receivable Policy
• FN.13.1.1  Credit Assessment Procedure
• FN.13.1.2  Doubtful Accounts Receivable - Corporate Procedure
• FN.13.1.3  Doubtful Accounts Receivable - Student Procedure

Capital Assets

• FN.14.1  Capital Assets Policy
• FN.14.1.1  Acquisition of Capital Assets Procedure
• FN.14.1.2  Management of Capital Assets Procedure
  • FN.14.1.2   Schedule A - Capital Assets Change of Ownership Form
• FN.14.1.3  Disposal of Capital Assets Procedure
  • FN.14.1.3   Schedule A - Capital Assets Disposal Form

Hedging

• FN.15.1  Energy Commodity Price Hedging Policy
• FN.15.1.1  Energy Commodity Price Hedging Procedure

Payments

• FN.16.1 Payment Handling Policy
• FN.16.1.1 Payment Handling Procedure

Vehicles for SAIT Business Use

• FN.17.1 Vehicles for SAIT Business Use Policy
• FN.17.1.1 Vehicles for SAIT Business Use Procedure
  • FN.17.1.1 Schedule A - SAIT Authorized Driver Form
• FN.17.1.2 Vehicles for SAIT Business Use Procedure