How to monitor the financial performance of your school – includes SFVS and FMR.
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Description
This session will explore school finance from the strategic overview perspective that governors must have. We will outline funding and income and look at key areas of expenditure, from the perspective of how budgets are constructed, monitored and evaluated as part of the ongoing governance annual work programme. WE will use examples of the monthly Financial Monitoring Report (FMR) and highlight the role of self-evaluation and benchmarking through the annual completion of the Schools Financial Value Standard (SFVS)
