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SCHOOL FINANCIAL MANAGEMENT FOR FINANCE/ EXPERIENCED GOVERNORS (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=22834 
Event code SCH 24/132 
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  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.

The session will be run by members of Ealing's finance team. 
 
Training objectives The outcomes will be:

  • 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 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, Leadership and management
Professional Standards
Venue via Zoom (online), ., . map
Admin contact Maleekha Khan (KhanMa@ealing.gov.uk)
Event Commissioner Therese McNulty (tmcnulty@ealing.gov.uk)
Tutor(s)/Facilitator(s)
Course Costs
Standard cost£97.00
SLAs
*Ealing Learning Partnership pay as you go£0.00
CPD/Training SLA£0.00
Start date Thursday 14 March 2024
Times 18:00 - 20:00
Number of sessions 1  
Linked Courses
There are no linked courses for this event. Please contact the Event Admin.