Annal Nayyar comments on the role of a Head teacher you now has the executive responsibility for the financial affairs of your school. And asks do you or your school staff have the necessary experience and skills to safeguard you from -

Annal Nayyar comments on the role of  a Head teacher you now has  the executive responsibility for the financial affairs of your school. And asks do  you or your school staff have the necessary experience and skills to safeguard you from -

•Undetected weaknesses prior to an audit or failure to implement audit recommendations?

•Inadequate budget monitoring information supplied to you and your Governing Body?

•Producing an unrealistic or weak budget plan and medium term financial strategy?

•Failure to provide adequate financial Training of your senior school staff and Governors?

•An ineffective financial regulations framework within which you conduct school business.

•Failure to demonstrate accountability for school’s performance and ensure financial stability in accordance with the Ofsted Inspection Framework.

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