KPI 4.3: Timely Financial Statements

Relates to priority: Lead Operational Excellence


Outcome

To improve UBC’s financial reporting process, including timeliness of quarterly and year-end financial statements.

Target

By Q1 FY22 (April 2021), complete the financial process and issue accurate financial statements including liquidity analysis within TBD business days.

Measure

Number of workdays to prepare financial statements and quarterly liquidity reports.

Reporting Frequency

Quarterly — last updated on April 2021.


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VPFO Strategic Priorities

Our priorities provide a framework containing the objectives of our Strategic Plan, and they help contextualize the overarching aims of the VPFO. Progress towards achieving our strategic priorities is tracked by selected Key Performance Indicators (KPIs).

Lead Operational Excellence

Across our diverse portfolio we want to strive for continuous improvement. We need to truly understand why we operate in the way we do, to help us identify areas where we can increase value in our working practices and processes, and then act on our learning. This priority is about streamlining our operations to ensure we’re delivering on our great potential.