Governor's Role in Financial Efficiency (Afternoon)
Thursday 20th June 2019
By the end of the session governors/trustees will understand how school/academy budgets are generated and how they can effectively monitor the school’s finances. The session focuses on the following key issues:
- Where the money comes from
- Different types of funding available ( including pupil premium, sports grant, SEN)
- Annual budget cycle (maintained schools and academies)
- Financial reporting and budget monitoring
- Benchmarking
- Key accounting terminology
- Financial roles and responsibilities of the governing body