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Finance

Finance

These modules will provide you with the tools and approaches for developing financial efficiency in your school or trust.

 

Resources: making the most of what you've got
Resources: making the most of what you've got +

This module will help you to:

  • Understand your role in relation to managing resources 
  • Understand how financially efficient schools use their resources
  • Navigate the budget setting and monitoring process~
  • Evaluate strategy impact

Study time: Approximately 2 hrs

Understanding schools finance
Understanding schools finance +

This module will help you to:

  • Explore how local authorities are funded for schools
  • Understand the schools funding formula
  • Understand the role of the schools forum setting schools budget
  • Understand good financial planning
  • Understand the levels of schools balances
  • Explore additional sources of funding

Study time: Approximately 1 hr

Managing Academy Finance
Managing Academy Finance +

This module will help you to:

  • Understand academy finance
  • Understand the levels of responsibility and accountability
  • Recognise clear procedures for financial management
  • Recognise the need for a rigorous and systematic approach
  • Monitor and evaluate finances

Study time: Approximately 1 hr 15 mins

Using Integrated Curriculum and Financial Planning (ICFP)
Using Integrated Curriculum and Financial Planning (ICFP) +

This module will help you to:

  • Understand what ICFP is
  • Explore how to get your school or trust to use ICFP
  • Explore how ICFP can help those governing to fulfil their financial oversight role
  • Understand how it can be used by those governing and leading schools and trusts to feel confident in knowing that they are making the most of what they’ve got for their pupils

Study time: Approximately 15 mins

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