Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword or section
Like this
2Activity
0 of .
Results for:
No results containing your search query
P. 1
Enfield Schools Finance Manual 2011-12

Enfield Schools Finance Manual 2011-12

Ratings: (0)|Views: 495|Likes:
Published by Phillip Dawson
The current version of the School Finance Regulations for the London Borough of Enfield
The current version of the School Finance Regulations for the London Borough of Enfield

More info:

Published by: Phillip Dawson on Oct 09, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

11/01/2012

pdf

text

original

 
Schools’ Finance Manual - Introduction
_______________________________________________________________________________________________________
FINANCEMANUAL
FOR ENFIELD SCHOOLS2011-2012
1
 
Schools’ Finance Manual - Introduction
_______________________________________________________________________________________________________
February 2012
 1
 
Schools’ Finance Manual - Introduction
_______________________________________________________________________________________________________
Introduction
This manual is written in conjunction with the Scheme for Financing Schoolsand the Council’s Constitution. It replaces the previous Finance Manual thatwas issued in November 2010. All the changes have been completed in a blue colour. An electronic version of the manual will be made available to schools onFronter.
How to use the Manual
The index provides the structure on which the manual is written. Whenlooking for a subject, you can choose to look at the regulatory section thatdetails the framework in which the school operates and what rules andprocedures have to be followed. This framework is designed to meet theexternal requirements made on the Authority and to protect the interests of the Authority as a whole as well as individuals within it. The regulatorysection is at the front of the manual and all paragraphs begin with FR. Alternatively, you can look at the guidance section that provides best practiceand advice on financial management. It also gives guidance in dealing withexternal bodies such as HM Revenue & Customs. It is the second section of the manual and all paragraphs start with FG.The third section is for Children’s Centres. It provides guidance and bestpractice on financial matters for Children’s Centres. This section should beused in conjunction with the rest of the manual as the regulations andguidance still apply to the Extended Schools and Children’s Centres. Theprefix CC refers to children’s centres.The schools VAT manual forms the fourth section. All the paragraphs startwith V.Hyper links have been inserted for ease of navigation within the manual. Toactivate a link, move the cursor over the underlined text in the index and leftclick the mouse. The cursor should then move to the relevant area in thedocument.
BackgroundLegislation and regulation
The Local Government Act 1972 Chapter 70 Section 151 requires that “Everylocal authority shall make arrangements for the proper administration of their financial affairs and shall secure that one of their officers has responsibility for the administration of those affairs”.
February 2012
 2

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->