I am surprised that the university executive wishes to create a 15 per cent cash margin by In the business world, we could call this rate of return. Why build up such an investment pool at the expense of ongoing academic and professional staff employees who are the human capital which drives the teaching, research, and student experiences? The University of WA would have prepared internal budgets on a cash basis over a three to five-year timeframe. However, they are required by law to report publicly on their financial position on an accrual basis in audited financial statements and a cash flow statement.
Let us now turn to the annual report in more detail. The university highlights results regarding the reconciliation from operating result to underlying result. This is not a formal accounting statement and is not audited but rather some internally generated statement that includes one-off or restricted items. This is understated because of the non-cash expenses, such as depreciation.
If you accept the argument about the depreciation of buildings and infrastructure being a capital grant gift then operating results would be much higher. The focus should be on consolidated operating results and not some other calculative practices such as underlying results with no accounting standard or practice guides on how to construct. Reconciliation from operating result to underlying result. Turning to the number of people who lost employment by UWA in ; from the Universities Charities Commission report data below, we have a headcount of , including casuals at the end of From the data, we had a headcount of , therefore a loss of employees during the period.
The UWA annual report Table 5 disclosed 3, Over the last decade, there was a significant increase in executive, including the VC, but only a minor increase for all staff excluding the high executive pay rises. We can see that in there were six executives, and this had dropped four in As Vice Chancellor Chakma started on July 1 we cannot determine his salary. These levels of remuneration are an anomaly internationally.
They are around twice those of executives in the United Kingdom at comparable universities. Key points: UWA plans to cease offering majors in anthrolopology and sociology Students are angry they can't graduate with the degree they signed up for Some want a refund, saying they wouldn't have chosen UWA had they known.
Murdoch University latest to see hundreds of jobs go as challenge for education sector grows. University of Sydney joins Perth's Curtin University in announcing job cuts as the sector searches for savings. From free hoodies to the 'hunger games' — Australia's university sector in crisis. More on:. Top Stories Family stranded in Simpson Desert after campervan bogged on flooded roads. A former cop calls it 'the number one threat to society'.
But it's a crime no-one talks about. But disaster could strike come March. This is why. Man killed in plane crash weeks after Blue Origin flight into space. French authorities investigate alleged rape of soldier at Elysee Palace. Grampians Peaks Trail opens as hikers question its steep price tag. Dam spill puts downstream NSW towns on alert for major flooding. It's not unusual once you understand how booster shots work.
This sleepy country town is a secretive centre for big pharma drug production. Popular Now 1. Family stranded in Simpson Desert after campervan bogged on flooded roads. Lawsuits filed by more than people who claim to have been injured in Astroworld crowd surge Posted 29m ago 29 minutes ago Sat 13 Nov at am.
0コメント