Accurate Finances - A Complete Guide for Academies

Entrust, the fastest growing support services provider to schools and academies, is working in partnership with the National Association of School Business Management, NASBM, to deliver a suite of ‘toolkit’ training which meets and complies with the NASBM Professional Standards. 

The training, offered as online webinars and face-to-face workshops, is designed to support the development of school business management professionals to carry out their roles more effectively and assist them in developing their careers. 

Using NASBM’s Professional Standards, school business management professionals will be able to assess their competencies across finance, human resources, procurement, marketing and infrastructure and take part in training courses to develop these skills.
Each of the courses provided by Entrust can be directly cross referenced to the disciplines and tier. 

Please access the “standards toolkit training reference key”on the Entrust website for the full reference guide to use in association with your self assessment exercise.

Learning outcomes for this training:

• Charities SORP Accounts Direction Restricted & Unrestricted
• What is income and what is a reduction to expenditure? 
• Historical spend 
• Zero based budgeting Staffing - experience v cost
• Class structure Start with the SDP Think long term Knowledge & understanding Behaviours 
• Outcomes of effective performance 
• and know your budget apply management skills
• and know your cost drivers 
• Regular reporting with suggested action Link to long term planning 
• Use of reserves 
• Interpreting budget outturns 
• Identifying variances and providing explanations 
• at a basic level management accounts 
• Preparing reports for senior management

This training will take place at:

Entrust HQ