Chapter 3.3 Financial systems and internal control
In this chapter we look at financial systems and internal control including asset management policies, school bank accounts, borrowing, delegations and procurement procedures.
In this chapter
- Chapter 3.3: Financial Systems and Internal Control - Part 1
- In this section we look at asset management policies, school bank accounts, borrowing, whether to buy or lease, and conflicts of interest
- Chapter 3.3: Financial Systems and Internal Control - Part 2
- In this section we look at delegations, financial records, fraud, fundraising, international student funds, gifts, guarantees and indemnities, internal control, inventory, large/long-term financial commitments, loans to staff, and petty cash
- Chapter 3.3: Financial Systems and Internal Control - Part 3
- In this section we look at procurement guidance for schools, securities, segregation of duties, and shared funds