Online Training Program 4 x 1 hour sessions with assignments – why not use the summer to learn a bit more about school finance?
Do you have finance staff that don’t have a background in finance? Lots of schools do, and it can be tricky to understand it all and to have a full appreciation of the importance of the processes, without this background.
To this end we have created a new online training program consisting of 4 x 1 hour sessions covering different aspects of school finance. Each session provides a recording of our live online presentations with accompanying notes and copies of the Powerpoint slides.
The aim is to provide a basic overview of what the terms mean, what needs to be done, what’s important to know about and what the reports tell us. It also covers an overview of double entry booking, financial statements, period end & audit. This isn’t an in-depth study of bookkeeping or management accounting – it’s a clear, simple overview to give school finance staff a grounding in accounting.
Each session has an optional assignment which will help consolidate the information covered, and on completion of all 4 assignments a Certificate in School Finance will be awarded.
The 4 sessions are as follows :
Session 1 – Introduction to finance and the need for accounts. Types of accounting, Accounting reports, Audit, Legal aspects & segregation of duties. Financial controls. Record keeping & filing.
Session 2 – The Bookkeeping process. Revenue accounts, Assets & Liabilities, Double Entry bookkeeping, Credits & Debits, Journals/Virement, The Ledgers.
Session 3 – Financial Statements and Reports – what they are, what they mean, general accounting reports and school specific reports.
Session 4 – Period End – Month and Year end processes, Orders & Commitments, Period end Journals, Closing the period, Gift Aid. VAT, Internal audit
The whole 4 session course costs £99 per school and multiple staff can use the course for this price.
To order this training program please email on info@istekuk.com or visit our website www.istekuk.com and click on TRAINING & UPGRADES – FINANCE TRAINING
Istek UK Ltd 3 St Ursula’s Close, Salisbury SP1 3FY
W: www.istekuk.com E: info@istekuk.com T: 01722 413 255 F: 01722 568262