UMP continued to be the best in Financial Management

Universiti Malaysia Pahang (UMP) will continue to create work culture based on best practice to increase efficiency in financial management.

Other than that, the culture to correct (weaknesses) the norm and to norm (practice) the correct can improve the Bursary financial management level to greater quality, integrity and highly innovative that are customer friendly.

This effort in improving effectiveness and efficiency of UMP staff to continue their effort to increase their achievement momentum based on their field of work and responsibilities at their respective department. 

UMP was awarded 5 star rating in Financial Management Auditing UMP Accountability Index based on Financial Management Auditing Accountability Index (AI) carried out every two years by the National Audit Department. 

Ths audit is aim to ease the measurement of quality objectively in the financial management for government agencies including the public universities as the federal statutory body.

It is also in line with the RMK-9’s core in strengthening institutions’ ability and implementation by creating a KPI to increase Public Service Delivery System.

Attending to deliver the certificate to the Vice-Chancellor of UMP, Professor Ir. Dr. Wan Azhar Wan Yusoff is the Director of Pahang State Audit, Zulkifli Tungal on 10th October 2019 at the Banquet Hall, Tun Abdul Razak Chancellery, UMP Pekan.

Also present Vice-Director, Pahang State Audit, Azura Wani Amir Rashid, Vice-Chancellor (Research and Innovation), Professor Dr. Kamal Zuhairi Zamli and Chief Financial Officer who is also UMP Bursar, Zainuddin Othman.

According to Professor Ir. Dr. Wan Azhar, this star or AI rating was awarded based on the level of compliance of the financial rules in regards to management control, budget, receipts, expenses, the management of group trust funds or trust accounts and deposits as well as assets, inventories and stores.

“In our effort to maintain 5 star rating in this auditing, UMP always carried out an internal control to ensure that the listed control scopes are complied with.”

 “Apart from that, UMP has held workshops for staffs to ensure UMP is always adopting the latest accounting standards.” 

“Besides that, the ability to generate excellence based on consistence performance and positive attributes are the essential prerequisites to make UMP as a glorious university through UMP Strategic Plan 2021-2025 that will be designed soon,” he said.