Every cent counts in education! Expenses must be managed and income maximised within the framework of the law, regulations and policies governing education. The management of finances in public schools remains a big challenge for most involved in the education sector.

The purpose of Financial Management in Public Schools is to provide an overview of the most important legislation affecting school finances, and to explain their practical implications. This book aims to address the key areas of the framework of financial management in public schools and to serve as a practical guide for governing body members, principals and financial officers at schools, while education officials, legal practitioners, accountants and auditors serving schools in an advisory capacity will find it equally useful.

Written by well-known practitioners in the field of school governance and finances, Financial Management in Public Schools provides invaluable practical advice on the management of finances in public schools.

• Legal framework for public schools
• Role-players in financial management
• Basic financial management and bookkeeping
• Financial reporting and oversight 
• The budgeting process
• School fees: determination, exemption and collection
• Risk management and governance
• Best practices – King Principles in public schools
• Technology and financial management

• Public school principals 
• Governing body members
• Financial officers at public schools
• Education officials
• Legal practitioners
• Accountants and auditors
• University students