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Online seminar: School business managers working collaboratively

Managing the business aspects of a school is becoming more challenging than ever. Join this seminar on 28 June to find out how you can increase efficiency by collaborating with other schools.

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School business management

Good financial management is becoming increasingly important in schools. This section offers resources for dedicated school business managers (SBMs) or other members of the senior leadership team taking on this responsibility.

  • The principles of school finance

    The principles and standards that support effective financial control and reporting in schools, including the Financial Management Standard in Schools and the roles of the governing body, headteacher and school business manager.

  • Financial planning and budgeting

    Issues to consider when preparing a school budget, including a suggested timetable for budget planning, preparation, monitoring and review.

  • Strategic financial management and budgeting

    Strategic financial management and budgeting requires considerable leadership and management skills to link educational objectives with the resources that support them.

  • Financial monitoring, reporting and evaluation

    The school business manager is responsible for producing regular financial monitoring reports, including year-end returns that fulfil the requirements of the consistent financial reporting framework.

  • Evaluating financial resource management

    Evaluating the allocation and use of financial resources is an essential part of effective school business management. This article explains different approaches to evaluation and introduces the concepts of best value, benchmarking and effective procurement.

  • Procurement

    An introduction to good practice in procurement, tendering and contracts in schools, and how to use these processes to obtain value for money.

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