Governance Module 8 – Financial Oversight

Length 

30mins online

Course structure

The course is designed to be completed as a module that is part of the suite of governance training courses. However, boards can access individual topic modules as needed.

These short-courses can be undertaken by individual board members, or be completed as a board together. The modules are kept short so boards can fit the training into their busy board calendars.

The training builds on the materials covered in the Board Induction Course, and this is a useful pre-requisite to the governance modules.

Outcomes

As a result of participating in this course, participants will understand:

• The role of the board in oversight of school finances
• How the board fulfils due diligence in financial responsibilities
• The legal framework for financial oversight
• Financial compliance oversight by the board
• School income sources
• Government funding of schools and how this is determined
• Factors that affect funding levels
• How a board can monitor income and funding compliance.