In Praxis Business School, the Finance Department’s activities involve planning, organizing, controlling and monitoring financial resources in order to achieve organizational objectives. This department is concerned with the cost of education, sources of income to meet the educational costs and the spending of the income in an objective manner to achieve the educational objectives.

The Main objectives are:

• Ensure the delegated budget
  is used for the purposes intended.
• Utilization of an organization resource
  in an efficient and effective manner.
• Efficient recording and use of
  funds, including allocation processes.
• Financial controls within
  the organization that ensure accuracy
• Ensuring all statutory compliances
  under various statutory regulations,
• Handling all banking
  relationships of the company,
• Ensuring risk compliances on
  matters related to insurance,
• Planning of short term cash
  resources and fund allocation

Praxis Business School Finance Committee