(05) Understanding School Finances, (Novotel London City South, 10 October 2017)

Description

This course aims to:

The course will provide delegates with tips on how to read accounts and provide an understanding of some of the key terminology and approaches used in schools as businesses. The afternoon session will give the delegates a chance to put some of the theory into practice.

This course is for:

Heads and members of Senior Leadership Teams. 

Course outline: 

09:45 - 10:15

     Arrival, registration and coffee

10:15 – 10:20

     Welcome and introductions

    Nicholas Grenfell-Marten, former Chairman, ISBA

10:20 – 10:40

    Session 1: Understanding School Finances – an   Introduction

10:40 – 12:30

    Session 2: Demystifying the Accounts

(a)         Management Accounts and Cash Flow forecasts

(b)         Statutory Accounts

(c)         Other financial issues

   

12.30 – 12:45

    Session 3: The Independent Schools’ Bursars Association (ISBA)

12:45 – 13:00

    Review of the morning session

13.00 - 13.45

    Lunch

13.45 – 15:15

    Session 4:  School Finances – Practical exercises

15.15 – 15.45

    Questions, Tea and Departure