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