Finance & Administration – Year-end Report – Part B – Planning and Assessment
ACCOUNTING & RELATED ENTITIES
Mission: Our mission is to provide customer service in Accounting, the Student Association, Auxiliary and QCC Fund for the benefit of all the students, faculty, and staff of the College. Additionally, we are
charged with safeguarding of the college assets and resources and the institution of proper and adequate internal control.
College strategic objectives:
Division strategic objectives:
1.A.8 – Use financial resources efficiently
1. Maximize financial resources & safeguard assets
2.A.7 – Increase revenues
2. Identify and implement productivity saving and revenue
opportunities.
2014-15 Completion report
Key performance indicators
Increase Auxiliary revenues
Target outcomes
Additional financial resources
Actual outcomes
Increased revenue with implementation of
CUNY wide beverage vending agreement
Recommended action plans*
Identify new sources of revenue through Auxiliary
2015-16 Department strategic plan:
1. Division strategic objective: Maximize financial resources & safeguard assets
Department strategic objectives
Implement fixed assets RFID tracking
software and program
Enhance revenue forecasting model
Develop financial reporting flash
report
Indicator(s)
Procurement and plan to
implement
Greater predictive and analytical
ability
Improved management reporting
Expected outcomes
Safeguarding of assets and
productivity
Improved forecasting and utilization
of resources.
Improved utilization of resources and
decision making.
Action plan/timeline
Procured and plan developed in 2015 -16
Developed during 2015-16
Developed during 2015-16
Who
M. Quiroz &
team
M. Quiroz &
team
M. Quiroz &
team
Actual outcomes
2. Division strategic objective: Identify and implement productivity saving and revenue opportunities.
Department strategic objectives
Develop and negotiate revenue
opportunities
Indicator(s)
Increased revenue
Note:
Mid-year status report due end of January.
Completion report due early July (specific deadlines may vary by year).
Expected outcomes
Action plan/timeline
Who
Greater resources to support college
mission.
Identify and negotiate opportunities
M. Quiroz
Actual outcomes