Financial Reports to Board of Management
The financial reports should be prepared for each Board of Management meeting in advance detailing up-to-date financial information showing receipts and payments summary, a bank reconciliation statement and a short progress report on the funding activities currently engaged by the school.
The reports below should be considered in advance and should be made available to each Board member:
- Monthly School Income and Expenditure
- Bank Reconciliation Statement for each Bank Account
- Capital Income and Expenditure Account
- Budget v’s Actual Report
- Prior Year v’s Actual Report
This Year End Checklist will help you ensure you have covered all the relevant areas.
The Monthly Reporting Template
NOTE: The FSSU have developed these templates for internal use for monitoring monthly income, expenditure, budget management, cash flow etc. The use of the FSSU internal templates is optional for schools who may wish to continue to use the IPPN Airgead Bunscoile/Financial Template, CPSMA Accounts templates etc. for their internal use. Please note Excel 2010 or newer is required to run these templates.
Introduction to Monthly Reporting Templates for New Users
Watch Webinar Recording: Click play on the video below to watch a webinar recording outlining the features of the monthly reporting template.
Additional Monthly Reporting Template features
Watch Webinar Recording: Click play on the video below to watch a webinar recording updates and improvements to the previous monthly reporting template below.
If you need any further information please email firstname.lastname@example.org or phone (01) 9104020.