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Future proof your school

09 July 2019

Independent schools are facing a time of significant financial challenge. Ensure that your school is looking at the right governance issues and take our quick self-assessment to see what you need to be focusing on.

Reserving the future | Financial policies in independent schools
Nick Sladden

14 May 2018

Reserves are much more than a statement about the financial health of your school. A robust reserves position will send a clear message to parents and other stakeholders that you are well-led, well-managed and well-run. Download our report now.

Strategy - what and who are we here for?

17 July 2017

Good governance is about setting the agenda, challenging assumptions about the school, and identifying the underlying values that drive strategy to determine ‘what exactly are we trying to accomplish?’

The expectation of governors

28 March 2017

Do your governors invest sufficient time in understanding your independent school?

Means tested bursaries - a good time to review

28 March 2017

With the green paper once again putting the spotlight on the need for independent schools to give more bursary support, we revisit the means testing process.

The role of audit and finance committees

28 March 2017

With little central guidance, how can independent schools make sure their committees are fit for purpose and contribute to good governance?

Kerry Gallagher

Director, Audit

Kerry heads up the not for profit team for the South and has over 15 years’ experience in audit and assurance.

Are you looking at the right risks?

Whether you are driven by the desire to obtain more value from your Governors meetings or improve your existing risk management then you should make sure you undertake a review of your strategic risks.

Governance, Risk and Compliance - Do you have the right tools? Do you have Insight?

Insight 4GRC is RSM’s proprietary cost effective and powerful suite of governance, risk and compliance software products that can provide your school with the tools needed to monitor and control performance, assess organisational risks and effectiveness of controls, track assigned actions, enable employee awareness and facilitate policy acceptance.

What assurance do you need?

Within an independent school the responsibility for managing risk rests with the Board of Governors. Should a risk materialise such as breakdown in safeguarding or financial mismanagement, there is no doubt that questions will be raised regarding the
governance and risk management processes. The responsibility of the Governors is to seek assurance that all principal risks are managed effectively.

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