Do the resources that are employed in your school offer values for money? Mike Giddings of MLG Education Services looks at this in this video and answers questions such as what tools are available to schools and academies to help with this, what is ICFP - Integrated Curriculum Financial Planning, what costs are involved, what schools who are in need of investment can do to get that investment and what tools are available from the Department for Education.
Academy trusts in particular that need assistance with their self assessment of efficiency, can get in touch with MLG Education Services with any questions that they may have.
Accounting for the Education Sector
Our goal is to make the financial side of running a school as straightforward as possible. Many school managers are understandably focused on the teaching and learning, and statutory financial obligations aren’t prioritised until a deadline is looming. This creates a highly stressful situation for everyone involved.