BDO Canada appointed as UBC’s external auditor starting 2024-2025 fiscal year
Starting for the 2024-2025 fiscal year, BDO Canada LLP (“BDO”) will take over from the Office of the Auditor General of British Columbia as UBC’s auditor. BDO will be commencing interim audit work for the 2024-2025 year-end starting in October 2024. This work will include requesting information from faculties and units, and performing walkthroughs of […]
CBSA CARM and its impact to importing goods
The Canadian Border Services Agency (CBSA) Assessment and Revenue Management (CARM) project will change how import duties and taxes will be collected starting October 21, 2024, and will affect air, ground, and sea shipments of both high and low dollar items. Aside from temporary clearance delays around the time of CBSA’s cutover on October 21, no other impact […]
2024 Services Levy Invoices and Access Information
The 2024 Services Levy invoices will be mailed out in early July with payment due by Friday, August 9, 2024. If you haven’t received the invoice by mid-July, please contact Treasury Accounting at levy@finance.ubc.ca. To access your Services Levy Information and view your account balance online, you will need to obtain an access code. Detailed […]
The Indigenous Business Directory of UBC is now available
The Indigenous Business Directory of UBC was developed in response to community feedback requesting support in locating and identifying Indigenous businesses to consider when making purchasing decisions. The directory is a centralized resource to empower university faculty and staff to identify businesses that align with their procurement needs, and foster proactive engagement with the Indigenous […]
What do we mean when we say “budget” at UBC?
UBC’s annual budget process is underway, and our faculties and administrative teams are working on the unit-level financial plans that will feed into the university-wide budget proposal that is presented to the Board of Governors for approval. At the same time, the VP Finance & Operations (VPFO) is leading a wider strategic budget review in […]
International Fraud Awareness Week is November 12 to 18
In the spirit of the upcoming International Fraud Awareness Week from November 12 to 18, 2023, the VP Finance & Operations’ Finance division is partnering with the Office of Enterprise Risk and Assurance (ERA) to reaffirm UBC’s unwavering commitment to integrity and the highest ethical standards. We encourage everyone to actively engage in practicing and […]
Finance & Integrated Services launches Procurement Programs within Strategic Sourcing
Procurement Programs is a new team within Finance & Integrated Services’ Strategic Sourcing within VP Finance & Operations. The team is responsible for leading the development of UBC’s strategic sourcing and procurement approach based on three fundamental pillars: Indigenous Procurement, Sustainability (Environment), and Equity, Diversity, and Inclusion (EDI) Procurement. The team is focused on Indigenous […]
Supporting UBC’s sustainability strategies
VP Finance & Operations’ Procurement Services within Finance & Integrated Services and VP Research & Innovations’ Innovation Partnerships will be collaborating with the Canada Climate Law Initiative (CCLI) to support UBC’s sustainability strategies outlined in the Climate Emergency Task Force Report. Through this collaboration, Procurement Services will help deliver on our UBC sustainability strategies and […]
Read UBC’s 2023 Annual Financial Statements
The Annual Financial Statements for year ended March 31, 2023, is now available. UBC’s consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC, covering the fiscal year from April 1 to March 31. They are prepared according to accounting standards, audited by our external auditors and reported to the Province. The 2022/23 fiscal […]
Changes to UBC Service Levy
The UBC services levy is used to run the community centres, athletic and cultural facilities, and to maintain public spaces and infrastructure within UBC neighbourhoods. The Services Levy Notices issued in 2022 will be due on August 8, 2022. Please note that the drop box services at the Wesbrook Community Centre for UBC Service Levy […]