Money, targets and budgets overshadow life and work in colleges. The systems for funding colleges are notoriously complicated and too few people understand how they work. Too few know how and where colleges spend their money. This book demystifies college finance and provides insights that will be valuable for governors, managers, lecturers and anyone who works in the sector.
Julian Gravatt is the Association of Colleges' Director of Funding and Planning.
1. Introduction; 2. Overview of finance and admin in FE; 3. Section 1: Finance: Getting to grips with the LSC funding mechanism; 4. Understanding the financial role of the governing body and audit committee; 5. The financial roles of the principal, finance director and management teams; 6. Spreadsheets from hell - the role of finance and spreadsheets linked to MIS systems; 7. Best practice guide for finance in FE; 8. Section 2: Admin: Getting to grips with LSC / other admin requirements; 9. Understanding management information systems (MIS); 10. The admin roles of the principal, vice principal, admin and management teams; 11. Best practice guide for admin in FE; 12. How to cope with finance and admin in FE Appendices and bibliography.