The major duty of Financial Affairs is to preserve, maintain, and make optimal use of the university's available financial resources while also providing decision-makers at the university with reliable financial data to aid development of strategic planning models. Along with balancing accounts and releasing financial reports, the department is also responsible for creating the annual budget that must be approved by the Board of Trustees.
One of the main goals of this department is to meet the university's future financial requirements by planning budgets according to available sources of income and adjusting current and capital expenditure, in addition to supplying the relevant authorities with final university accounts that comply with international accounting standards.
The two sub-departments of Accounting and Supplies run under the supervision of Financial Affairs. The Supplies Department strives to make its mark by using innovative techniques to fulfill the requirements of various departments and faculties at the university.