Directorate of Financial Office

Directorate of Financial Affairs

The Directorate of Financial Affairs is the ABU unit which is tasked with the administration of financial affairs and their follow up, and keeps financial records according to conventional accounting principles. This unit prepares the estimated annual budget of the University, compares the budget to the realized monthly numbers, follows all financial transactions and performs the reporting. It is responsible for the issuing and sending of required legal declarations, financial follow-up of R&D projects, all manner of invoicing processes, tuition and dormitory fees, scholarship payments, return processing for students who disenroll, company payments and reconciliations, and with making the balance sheets and income tables.