Edition 45

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Independent Schools Financial Management Information Session

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The VRQA will hold an information session about financial management for independent schools on Monday 25 May 2015.

The session will be conducted by industry expert John Somerset. Sessions held during 2014 were well attended and highly regarded.

The session will explore the factors influencing the financial viability and sustainability of independent schools including understanding 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 significant 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.

There is no charge to attend the information session.

To register see: Independent schools financial management information session.

For further information see: Financial management booklet.