Edition 35

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Upcoming event: financial management for independent schools

school kidsAn information session about financial management for independent schools will be held by the VRQA and conducted by John Somerset, on 12 June 2014.

The session will explore the factors influencing the financial viability and sustainability of independent schools including understanding industry income, expenditure and debt (including trends). Related governance practices will also be addressed including strategic planning, budgeting, financial risk assessment and monitoring.

John Somerset has 27 years of experience in chartered accounting. For 20 years he has operated a financial benchmarking survey for non-government schools in Australia and New Zealand working closely with the Association of School Business Administrators Ltd.

For more information see: Independent Schools financial management information session.