Ashby School Financial Cycle (Appendix 1) Date Event Action Reason / Benefit March EFA publishes final funding Start compiling Budget Projections document for presentation Provide assurance to governors and EFA that the academy allocations for forthcoming year at Summer Finance Governors meeting, and approval at will be in good financial health for the year. commencing 1st Sept Summer Full Governors April Internal Audit visit The I.A. report will need to be presented at Summer Finance Governors 30th April Receipt of EOYC from Forward to Payroll for completion Teachers’ Pensions by this date May / June Governors Finance Meeting Present Budget Projections document Present Internal Audit report 31st May Deadline for Unaudited TP EOYC Completed unaudited EOYC to be submitted to TP (submitted by Payroll)
Ashby School Financial Cycle (Appendix 1) Date Event Action Reason / Benefit March EFA publishes final funding allocations for forthcoming year commencing 1st Sept Start compiling Budget Projections document for presentation at Summer Finance Governors meeting, and approval at Summer Full Governors Provide assurance to governors and EFA that the academy will be in good financial health for the year. April Internal Audit visit The I.A. report will need to be presented at Summer Finance Governors 30th April Receipt of EOYC from Teachers’ Pensions by this date Forward to Payroll for completion May / June Governors Finance Meeting Present Budget Projections document Present Internal Audit report 31st May Deadline for Unaudited TP EOYC Completed unaudited EOYC to be submitted to TP (submitted by Payroll)
Financial%20Procedures%20Manual%20September%202014.docx