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SCHOOL FINANCIAL MANAGEMENT (ONLINE TRAINING)

This event is suitable for Ealing maintained schools and all other schools
Short URL https://governors.ealingcpd.org.uk/courses/bookings/c_detail.asp?cid=18797 
Event code SCH 21/422 
Event description The board’s third core function is to oversee financial performance and make sure public money is well spent. It should do this by ensuring it has at least one individual with specific, relevant skills and experience of financial matters. However, everyone on the board should have a basic understanding of the financial cycle and the legal requirements of the school on accountability and spend.” (Governance Handbook, October 2020, DfE)

This session is a follow up to the basic finance session (January 2022) and will be aimed at those governors responsible for finance / sit on a relevant committee to help them understand their role more fully in relation to managing the budget effectively.

This session will be delivered by Rory McCormack. Rory began teaching in the late 1970’s and taught in primary schools up until his retirement in July 2017. For over 28 years of that time he was headteacher of two schools, firstly in Reading and then for over 20 years at St Lawrence’s Catholic Primary School in Feltham.

Since his retirement from headship, he has been working as an educational consultant and has led governor training both for Local Authorities and for individual schools. He is also a serving governor. 
Training objectives The outcomes will be:


  •  Role of Governors particularly the third

  • Key financial roles

  • Key financial tasks  

  • Key financial skills

  • National funding formula - where are we with this?

  • Local funding formulae - the soft version of the NFF

  • Possible timetables and governing body structures

  • Responsibilities - who does what

  • Developing a budget plan for your school - types of budget line.

  • Monitoring your budget including a specific worked through example.

  • Benchmarking and auditing

  • Next steps ….

 
Target Group

This session is a follow up to the basic finance session (January 2022) and will be aimed at those governors responsible for finance / sit on a relevant committee to help them understand their role more fully in relation to managing the budget effectively.

 
Subject areas Finance, Governor training
Target audience Governors: All
OFSTED areas Quality of leadership and management in the school
Professional Standards
Venue via Zoom (online), ., . map
Admin contact Mohid Hasham (eec@ealing.gov.uk)
Event Commissioner Tina Birch (tbirch@ealing.gov.uk)
Tutor(s)/Facilitator(s)
Course Costs
Standard cost£97.00
SLAs
CPD/Training SLA£0.00
*Ealing Learning Partnership pay as you go£90.00
Start date Wednesday 9 March 2022
Times 18:00 - 20:00
Number of sessions 1  
Linked Courses
There are no linked courses for this event. Please contact the Event Admin.