Finance for School Management Teams

Finance for School Management Teams

As a member of the School Management Team, you will be expected to be completely comfortable with all the financial aspects of the school.  Depending on your school and S.M.T. structure, you may also be expected to become actively involved in various financial aspects of the school.  This may be extremely daunting and stressful if you have never had any exposure to this aspect of management.  Furthermore, while finance is largely an S.G.B.  function, it is the principal of the school who is held finally accountable should any mismanagement be found.  It is thus imperative to be au fait with all financial principles.

This two part webinar series covers the following aspects of financial management:-

PART 1: 20 June

  • The budget process
  • The Annual General Meeting including the compulsory resolutions that must be passed
  • The importance of audits
  • Payment of School Fees
  • Statement of School Fee accounts
  • Fundraising
  • Donations
  • D.E. allocations
  • Tangible and non-tangible assets
  • Learner and Teacher Support Material (L.T.S.M.)
  • Asset verification (stock take)
  • How to read and make sense of a trial balance

PART 2: 22 June

  • Cash receipts and cash payments
  • Money collection by teachers
  • Receipting
  • Deposits
  • The Cash Book
  • Amounts Written off
  • Payments made by the school – including segregation of duties
  • Salaries and wages
  • Overtime
  • Petty Cash
  • Travel Expenses claims
  • Accounts

About Anne Burger

Anne’s teaching career spans 37 years. In 1998 she was promoted to deputy principal, where one of her key result areas was managing discipline for the entire school.  Anne held this position until she was promoted to principal of Brackenhurst Primary School in 2007, a position she held until her retirement in 2018 . As principal at Brackenhurst Primary, Anne was instrumental in introducing e-learning.  This project was so successful that the school was approached by Matthew Goniwe School of Leadership through MEC for Education in Gauteng, Penyaza Lesufi, to develop e-lessons for his schools of the future project. Anne has a wealth of knowledge and now shares what she has learned to assist and upskill others in the education sector.   

Register

Monday 20 and Wednesday 22 June @ 14h30 - 16h00

Cost R750 per person

PLEASE NOTE: We will be in touch with you to arrange payment and send you the relevant info for this webinar.

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Watch the Video Below and Get to know Anne

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