Finance manual for victorian government schools

 · The Finance Manual is set out in the following sections which are accessible through the right hand menu on this page: Section 2 Governance; Section 3 Risk Management; Section 4 Internal Controls; Section 5 School Council Financial Assurance Program; Section 6 Budget Management; Section 7 Chart of Accounts; Section 8 Bank Accounts. Information on all finance and procurement requirements for schools including the Finance Manual, the Student Resource Package, procurement, budget and accounting requirements building and management of school infrastructure and facilities including Victorian School Building Authority policy, guidelines and resources. FINANCE MANUAL FOR VICTORIAN GOVERNMENT SCHOOLS. Page 2 Melbourne Jul ©State of Victoria (Department of Education and Training) The copyright in this document including sections 1 - 21, Appendix A, Version and revision control record and Comparison table of Section 5: School Council Financial Assurance Program.

Chart of Accounts for Victorian Government Schools v HANDY HINTS • Keep school defined Sub Programs to a minimum • Never create a school defined Sub Program using a code that exists at General Ledger level e.g. cash funding, interest received, photocopying, telephone, electricity, contract cleaning, gas etc. The Finance Manual for Victorian Government Schools, Section Asset and Inventory Management - Identification of Assets recommends that schools consider options for permanently identifying portable and valuable assets belonging to the school. Leased equipment should be excluded. It also contributes towards meeting the Victorian community and government expectations for accountable and responsible use of public finances and resources. Risk management framework Mandatory policy (Must do).

Nov Summary · Victorian government schools have a devolved decision-making and financial management system. · School staff responsible for financial. are being used in accordance with the Expenditure Management guidelines set out in Section 11 of the Finance Manual for Victorian Government Schools. all transactions carried out by Essendon North Primary School via the 4 Internal Controls of the Finance Manual for Victorian Government schools.