At the ISBA Bursars’ Conference in May 2018 we launched our publication 'Reserving the future: Financial policies in independent schools'. The publication was well-received and in light of the good feedback we have included a summary of the key themes in our summer edition as well as a link to the full publication in case you missed it.
Additional articles in this edition include:
Independent schools reserves
Our new publication includes an analysis of the reserves policies of 60 schools (across a range of income tiers and geographical areas) and reveals just how well they are communicated in their annual reports.
FRS 102 Triennial Review
Analysing the impact of the recent changes to FRS102, relating to accounting treatment of gift aid companies.
Beyond the balance sheet
In an era of accountability and transparency, are your NFR reports highlighting good governance policies or are you being left behind?
Five core influences of cultural success and why they matter
Hannah Gibson-Patel looks at the core influences of cultural success in Independent Schools and how these cultures fit into the ICI inspection framework.
Making tax digital
For VAT registered Independent Schools, the making tax digital reforms represent a significant change in how VAT tax returns will be processed from April 2019.