Schools financial procedures manual

Head Teachers and Governing Bodies of maintained schools are required to manage their budgets in accordance with the Financial Regulations and Standing Orders of Birmingham City Council.

The Schools Financial Procedures Manual provides maintained schools with guidance on a range of financial management processes that are set out as individual sections within the Manual, and all of which include reference to the relevant financial regulation(s) and the contact details of lead officers if further advice and guidance is required.

• Birmingham Audit
• Budget monitoring
• Budget planning
• Consistent financial reporting
• External payment of accounts
• Fraud awareness
• Financial regulations
• Financial delegation framework
• Full cheque book scheme
• Gifts and hospitality
• Income and cash handling
• Insurance
• Internal invoicing
• Inventory records
• Local Authority monitoring
• Management of surplus and deficits balances
• Payroll and pensions
• Petty cash
• Purchase cards
• Purchasing
• School budget statement
• School fund and other unofficial funds
• Strategic financial management and value for money
• Schools financial management and governance
• Schools financial value standard
• Schools payment procedures
• School budget codes amendments
• Value Added Tax