School Accounts

Mitigating Audit Blues

Audit issues over Locally Raised Funds We thought the above topic will be of relevance to your school especially due to external audit sensitivity over this Revenue area. Your school’s audit service providers may have previously raised their concerns through the Management Report to the Board. These concerns typically have centred on the lack of […]

School Accounts

2017 Budget Bliss

Yes! (Oh no!) It is that time of the School year when your Accounting Service Provider would/should have forwarded to the School Principal and/or the Administration Team, Budget 2017 workpapers to complete. You, as Principal and also in consideration of your Administration staff, might feel stressed over this Financial Governance requirement. However, as you know […]

School Accounts

One of those days?

School admin in Crisis? Holidays causing strife in the school accounts department? Had a key accounts staff member just resign or get seriously sick and now you are in need of some relief work? This is a service we have capacity for right now, so if you need a part time, short term reliever until […]

School Accounts

Working Capital

It really is a dull sounding word, but essentially it is the school’s bread and butter, so I have tasked my colleague with the challenge of laying it all bare (what, no butter?) You will feel your thinking muscles literally expanding. What is Working Capital?? Working capital represents the difference between the school’s Current Assets […]

School Accounts

Xero Updates for Schools

Who doesn’t like a few good workshops every now and then? Well not everyone does, but I took a hit for the team and attended the latest Xero Roadshow so I could pass on the best bits to you the school community. The hardest part was choosing which workshops to leave out when really if […]

School Accounts

Support Staff Star

How much do you feel you or your support staff are valued in the school? Do you feel like a star? Or just a ‘non-teaching’ staff member? Each school environment handles this differently depending on the prevailing culture set by senior management (or sometimes it can be just an historical ‘default’ setting in the school). […]

School Accounts

Those Pesky Bills

Remember this? It is the start of term. You are all refreshed and holidayed and ready for the term ahead. (I hear a few ‘yeah, right!’s) The mound of mail is waiting for you eagerly, and you just know there is a lovely backlog of creditor invoices to enter, somehow, before the Accountant wants to close off […]