Regulations and guidelines
The University’s financial management and reports are based on various rules and regulations. The University must adhere to legal requirements and any internal agreements that apply within the organisation. In doing so, the University guarantees a high standard of financial reporting.
Laws and regulations
The University’s financial administration is based on the Higher Education and Academic Research Act (WHW) and the regulations from the Ministry of Education, Culture and Science (OCW) that ensue from this. Furthermore, specific legislation applies for public bodies.
The WHW and OCW regulations that ensue from it (Dutch only):
Internal guidelines: the Finance Guide
Internal guidelines record internal agreements and instructions. These are based on external laws and regulations and concern various aspects of financial administration. The Finance Guide contains the following guidelines (all in Dutch):
- Basic principles guideline
- Staff facilities guideline
- VAT guideline
- Treasury guideline
- Project management guideline
- Insurance guideline
- Payments, allowances and dispositions guideline
- Hiring temporary staff guideline
- Faculty and unit administration guide guideline
- Handling fraud guideline
- Public/private guideline
- Procurement guideline
- First income stream guideline
- Budgets for new programmes guideline