The purpose of this document is to guide schools through the development and maintenance of financial control systems and procedures that conform to the requirements both of propriety and of good financial management. It is essential that these systems and procedures operate properly to meet the requirements of schools and Board Members.
Schools should always define the responsibilities of each person involved in the administration of school finances to avoid the duplication or omission of functions and to provide a framework of accountability for Board Members and staff. Separation of function, where possible, is preferable.
This document is part of the Bursars Toolkit.
Download Bursars Toolkit Part 3: Financial Management: