Financial Framework definition
Examples of Financial Framework in a sentence
The information from the annual Financial Framework will come from the annual School audit or any other applicable sources.
The Financial Framework looks at the financial viability of the School.
The School’s performance shall be based on three Performance Frameworks: an Academic, an Organizational and Financial Framework, which are discussed in further detail in Articles VI, VII and VIII below.
New for 2021-2027: For the new generation of funding programmes under the Multiannual Financial Framework (MFF) 2021-2027, a new General MGA has been introduced in order to ensure coherence and simplification for all EU Programmes.
While the Financial Framework is used to analyze the school’s financial performance, the SPCSA will use this section of the Organizational Framework to set expectations for the school’s management and oversight of its finances, without regard to financial performance.
This approach allows for regular update of the Financial Framework, as required, under agreed delegated arrangements.
The School’s performance shall be based on three Performance Frameworks, an Academic, an Organizational and Financial Framework, which are discussed further below.
The Partners shall manage Overspends as set out in the Financial Framework.
The Integrated Finance and Performance Board will recommend approval of the reviewed Financial Framework to the decision-making body of the CCG and the Council.
Contributions going forward will be determined by the Parties, who shall seek to agree such details prior to 31 December of the preceding year and set out in writing on or before the 31 March of the preceding financial year in accordance with the Financial Framework.