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Schools of more than 150 students need a fully qualified business manager, bursar or book-keeper to manage the finances. With proper policies and procedures, risks of mismanagement, fraud or corruption are minimised.


This includes the necessity to annually engage an accredited auditor to audit the finances and human resource systems.


The following link leads to a collection of finance policies, including policies for

  • financial planning & resourcing

  • financial accountability, performance & reporting

  • risk management

  • assets management.

The gullibility test

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