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Schools Financial Value Statement (SFVS) & Related Party Transactions - February 2023

No schedules currently available

Price£0.00

Category Leadership

Target audienceSchool Business Manager

Audience capacity100

Online platformMicrosoft Teams

CodeED1131/22-23/2576

Type1 session x 2 hrs

Aims

This session will provide an overview for new staff or governors and a refresher for others.

The different elements are supported by the other sessions included in the Financial Management training programme and Three Year Budgeting Benchmarking.

 

 

Overview

This session will focus on:
- how the SFVS requirements could support schools to become more effective and efficient
- why and how the requirements of the related party transactions support and protect schools and individuals
- how the factors in the funding formula are informed

This session will include prinicples and benefits of benchmarking. The session will consider areas to explore when benchmarking and will provide some hints as to how to compare, interpret and use the information to support financial planning.

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