Key Financial Metrics on Australia's Higher Education Sector : November 2017.
"The Key financial metrics on Australia's higher education sector" report is the third release of financial information held by Tertiary Education Quality and Standards Agency (TEQSA). It provides a snapshot of selected key financial metrics across the Australian higher education sect...
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Full Text (via ERIC) |
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| Corporate Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
[Place of publication not identified] :
Distributed by ERIC Clearinghouse,
2017.
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| Summary: | "The Key financial metrics on Australia's higher education sector" report is the third release of financial information held by Tertiary Education Quality and Standards Agency (TEQSA). It provides a snapshot of selected key financial metrics across the Australian higher education sector. Data in this report has been sourced from TEQSA's 2016 data collection and relates to financial years ended from 31 December 2015 until 30 June 2016. Assessing the financial performance and financial position of a provider is a complex process which involves analysing a range of quantitative metrics and understanding the provider's operating context, mission, governance and management structures. Assessing the financial performance and financial position of a provider is a complex process which involves analysing a range of quantitative metrics and understanding the provider's operating context, mission, governance and management structures. TEQSA conducts an annual financial assessment of each provider, which analyses ten commonly-accepted financial metrics reflecting key business drivers critical to financial viability and sustainability. TEQSA consulted with the sector in developing these financial metrics in 2013, and received broad support for their adoption. This report provides a snapshot of selected key financial metrics across the whole sector. The metrics have been selected for their importance in measuring the capacity and capability of providers to deploy financial resources in a way that supports quality in the delivery of higher education. Importantly, the selected metrics are reasonably comparable across all providers and also provide visibility of financial position and performance at the sector and sub-sector levels. Definitions and calculation methodologies for each measure are available in the Glossary section of this report. Additionally, this report includes a special focus section featuring additional analysis on a current topic of interest to the sector. The special focus topic featured in this report examines the financial performance of newly registered providers. [For the second report in this series, "Key Financial Metrics on Australia's Higher Education Sector--December 2016," see ED573158.] |
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| Item Description: | Availability: Australian Government Tertiary Education Quality and Standards Agency. TEQSA GPO Box 1672, Melbourne, VIC, Australia 3001. Tel: 1300-739-585; Fax: 1300-739-586; e-mail: enquiries@teqsa.gov.au; Web site: http://www.teqsa.gov.au. Abstractor: ERIC. Educational level discussed: Higher Education. |
| Physical Description: | 1 online resource (1 online resource (49 pages)) |
| Type of Computer File or Data Note: | Text (Reports, Evaluative) Numeric (Numerical/Quantitative Data) |
| Preferred Citation of Described Materials Note: | Australian Government Tertiary Education Quality and Standards Agency. |