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 course – delivered over the internet – and consisting of 4 x 1 hour sessions over 4 successive weeks.  Each week provides a live, interactive online presentation with accompanying notes (the live session being recorded so anyone can watch it after the event, at a time of their choosing)

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. 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 Basic School Finance will be awarded.

The 4 sessions are as follows :

Session 1 –  Introduction to finance and the need for accounts.  Introduction to finance terms used in schools.  Legal aspects & segregation of duties. Financial controls and audit. Record keeping & filing.

Session 2 – The Bookkeeping process. Accounts, Assets & Liabilities, Double Entry accounting, Credits & Debits, 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  – The Control accounts, Month and Year end processes, Orders & Commitments, Creditors & Debtors, Prepayments & Accruals, Gift Aid. VAT.

The whole 4 session course costs £99 per school and multiple staff can attend from each for in this price.   Sessions are on 9th June, 16th June, 23rd June and 30th June.

To book on, please click here or email us on info@istekuk.com or call 01722 413255.

 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