With the popularity and frequency of alternative payment methods being introduced in schools, Payments UK looks at the developing trend for schools to use cashless payments and the benefits this brings for both the school and the parents
The responsibilities of the head teacher as accounting officer are crucial to the smooth running of an academy and in ensuring probity and financial stewardship. It is therefore vital they are supported by administrative staff and the CFO, writes Kerry Ace, CIPFA’s expert on academies
With the current trend to make cashless payments in the consumer, business and financial sectors, Education Business examines whether schools are taking the same path
CIPFA’s Kerry Ace outlines the importance of a finance committee for an academy, and how it can prove an invaluable source of guidance for governing bodies when making financial decisions
Leasing could be an ideal solution for schools that want the latest equipment, without the large one-off payment needed for an outright purchase. But you need to do your homework first, advises Simon Goldie, head of asset finance at the Finance & Leasing Association
Samantha Mann from the Chartered Institute of Payroll Professionals, explains three changes to payroll legislation that employers will need to familiarise themselves with this year
All academies face a range of uncertain factors that may affect the achievement of their objectives. Kerry Ace, Policy advisor at CIPFA, outlines the importance of understanding and undertaking risk management to minimise lost opportunities
When it comes to that impending interview with the auditors, academy principals all to often wish they’d made better use of their chief financial officer, writes the Independent Academies Association’s Vice Chair, Gareth Dawkins
Kerry Ace, a policy manager with the Chartered Institute of Public Finance and Accountancy (CIPFA), on the importance of having strong, ethical governing bodies in schools
The regulations underpinning public sector pensions are due to change dramatically, with major implications for teachers. Sarah Willis sums up the key points
With academies and free schools having control over their own finances, Helen Hargreaves of the Chartered Institute of Payroll Professionals examines the different payroll options for these types of educational establishments
In September there will be a radical change to the way teacher pay is determined. Martin Freedman of the Association of Teachers and Lecturers (ATL) discusses the main issues
In recent years many schools have fallen victim to the widely publicised large-scale equipment leasing scandal, with some schools signing to pay as much as 10 times the value of the leased equipment. BESA director Caroline Wright gives advice on leasing and provides an outline of the work BESA is doing with the government to reduce the chances of this mis-selling happening again
Diana Bruce of the Chartered Institute of Payroll Professionals (CIPP) gives an update on the government’s National Insurance Contribution rules, of note to free schools and academies
