Source: Tertiary Education Commission
The financial monitoring framework is used to monitor TEIs’ financial performance. We developed this framework, together with the sector, to assist in our monitoring obligations.
The framework provides clarity and transparency around the financial monitoring assessments we make, by:
using readily available information
considering both historical and future performance
using evidenced-based financial theory relevant to the sector
avoiding unnecessary complexity in the design and construction of the framework
applying a formulaic approach and a judgement about forecast confidence
having stable measures and scoring, and
enabling self-assessment by your organisation.
Read a full description of the Financial Monitoring Framework for TEIs (updated July 2016) (PDF, 1 Mb).
See a Financial Monitoring Framework example (XLS, 317 Kb).
We produce a one page summary report for each TEI each year, which summarises key metrics and provides an overall financial risk rating. These can occur more frequently for moderate or high-risk TEIs, or where new information becomes available.
