Internal Financial Controls Manual Internal Financial Controls Manual for schools is meant as a reference document of best practice which may be consulted by school management for guidance on all aspects of finance which impinge on the operation of the school. The checklists in this manual are applicable to all areas of the school’s operations … Continued

Overview As a general principle, all payments should be made by cheque or electronically from the school’s current account. The board of management may authorise the Principal to use a petty cash system for amounts of a small nature only. The petty cash system is part of the school’s internal control system and should be … Continued