Financial Management

The offices handling the financial management of the University of Mary Washington strive to effectively manage the University’s financial resources in a way that will maximize support for the University community while providing proper stewardship of the Commonwealth’s assets.

In addition to overseeing the offices making up the Finance Department, the Financial Management office is responsible for:

  • Banner Finance Security
  • Financial Statements
  • Policy and Procedural Development
  • Systems Control

The Finance Department operates in accordance with the Virginia Commonwealth Accounting Policies and Procedure (CAPP) Manual and the Governmental Accounting Standards Board (GASB). The University and Museums are audited once a year by the Auditor of Public Accounts (APA) and the Virginia Department of Accounts (DOA).

Internal policies and reporting of the University’s audited financial statements are available for review on the left side menu.