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Effective Financial Management: A Practical Guide for School Business Managers and Governors

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Effective Financial Management: A Practical Guide for School Business Managers and Governors

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This well-grounded and practical guide provides the reader with a flavour of the outstanding work carried out by school business management professionals across the country. Case studies lead readers to understand how people at the frontline have responded to the demands made upon them by government, by Ofsted and by the Education Funding Agency.


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The demands on school business managers, and those who manage the finances on behalf of the school, have increased immeasurably in recent years due to the demand for greater and more transparent accountability.

Best practice now involves joined-up leadership, with Headteachers, business managers and governors aware of their responsibilities for financial probity and diligence in their management of public money.

This well-grounded and practical guide provides the reader with a flavour of the outstanding work carried out by school business management professionals across the country. Case studies lead readers to understand how people at the frontline have responded to the demands made upon them by government, by Ofsted and by the Education Funding Agency.

"This publication is a must-read for aspiring and practising School Business Managers, Headteachers and governors!" -- Stephen Morales, Executive Director, NASBM

"I welcome this new publication as a practitioners' guide with a wealth of up to date examples from successful schools around the country." -- Peter Lauener, Chief Executive, The Education Funding Agency

Contents

Foreword
Introduction – Peter Lauener, Chief Executive, The Education Funding Agency
Section 1 - The Role of the School Business Manager
a. Introduction
b. Case Study - The Secondary Experience – Alison Wyatt, Bursar of the Midsomer Norton Schools Partnership
c. Case Study - The Primary Experience – Jayne Harrison, School Business Manager, Violet Way Academy, Burton-on-Trent
d. Top Tips for School Business Managers and Governors
Section 2 - The Role of Governors
a. Introduction
b. Governance and School Finances – What Ofsted are looking for
c. Case Study - The Primary Experience – Richard Barnard, Chair of Governors, Robinswood Primary Academy, Gloucester
d. Case Study - The Secondary Experience - Brian Whitfield, Chair of the Nunthorpe Academy Trust, and Nigel Goodall, Director of Business and Finance from Nunthorpe Academy, Middlesbrough
e. Top Tips for Governors on the Finance Committee
Section 3 - School Business Planning
a. Introduction
b. Case Study - The Primary Experience - Vikki England, School Business Manager, Glebe Academy, Stoke-on-Trent
c. Case Study - The Primary Experience in a Multi-Academy Trust – Gill Baggley, School Business Manager, Chetwynd Road Primary Academy, Nottingham
d. Case Study – The Secondary Experience – Peter Beaven, previously Headteacher of Norton Hill and Somervale Schools, Midsomer Norton
e. Business Planning Flow Chart
f. Top Tips for School Business Planning
Section 4 - Financial Procedures - The Audit Process
a. Introduction
b. Case Study - The Primary Experience - Jo Mercer, School Business Manager of Parbold Douglas CE Academy, Lancashire
c. Sample Terms of reference for an Audit Committee
d. Top Tips for the Audit Process
Section 5 - Procurement - Purchasing Supplies and Services
a. Introduction
b. Collaboration for Better Procurement – Peter Melville, Business Manager, William Edwards School
c. Achieving Value for Money
d. Case Studies – Examples of Better Procurement
e. Top Tips for Purchasing Supplies and Services
Section 6 - Premises and Facilities Management
a. Introduction
b. Governance and Ofsted
c. Case Study – The Primary Experience (1) – Kathy Haig, Headteacher, Cooper’s Edge Primary, Gloucester
d. Case Study – The Primary Experience (2) – Gaylene Saunders, Farndon Fields Primary, Market Harborough, Leicestershire
e. Case Study – The Secondary Experience – Martin Shevill, Principal, Ossett Academy, Wakefield
f. Top Tips for the Premises and Facilities Management – Including Additions to the School Business Manager’s Job Description
Section 7 - Bid Writing including Capital Grant Projects
a. Introduction
b. Bid writing –The Necessary Elements for Success - Peter Lauener, Chief Executive, The Education Funding Agency
c. Case Study – The Secondary Experience - Alison Wyatt, Bursar, The Midsomer Norton Schools Partnership
d. Top Tips for Bid Writing
Section 8 - Income Generation
a. Introduction
b. Case Study – The Secondary Experience - Martin Kerslake, Business Director, Priory Academy Community Trust, Weston-Super-Mare
c. Examples of Income Generation
d. Setting up a Trading Company – Hannah Kubie, Stone King Solicitors
e. Top Tips for Income Generation
Section 9 - Managing Catering
a. Introduction
b. Case Study – The Primary Experience (1) – Sonia Case, Headteacher, Dulwich Village Junior School, London
c. Case Study – The Primary Experience (2) – Di Marshall, Headteacher, Violet Way Academy
d. Case Study – The Secondary Experience – Richard Scott, School Business Manager, Plume School, Maldon, Essex
e. Top Tips for Managing Catering
Section 10 - Practicalities of Conversion for the School Business Manager
a. Introduction
b. Case Study – The Primary Experience – Rachel Ward, Executive Business Manager, Tall Oaks Primary Academy Trust, Gainsborough, Lincolnshire
c. Case Study – Teacher and Support Staff Pensions – Corrina Beckett, Finance and Business Director, Barnby Road Academy, Newark, Nottinghamshire
d. Top Tips for the Practicalities of Conversion
Section 11 - School Business Manager as Clerk to Governors and Company Secretary
a. Introduction
b. Case Study – The School Business Manager as Clerk to Governors – A Secondary Perspective – Roy Blackwell, Clerk to the United Westminster Schools/
Grey Coat Hospital Foundation, Westminster, London
c. Combining the Role of Company Secretary and Clerk to Governors – Stone King Solicitors
d. The School Business Manager as Clerk to Governors – The Key
e. Top Tips
Section 12 - ‘A year in the life of’
a. Introduction
b. Case Study – A Year in the Life of a Secondary School Business Manager, Nigel Goodall, Business Manager, Nunthorpe Academy, Middlesbrough
c. Case Study – A Year in the Life of a Primary School Business Manager – Linda Summers, Robinswood Primary Academy, Gloucester
Glossary of acronyms

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Additional Information

Author Peter Beaven and Joan Binder
ISBN 9781909717251
No of pages 168
Format Paperback
Publication Date 6 Oct 2014

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