This is a series of seven governance finance masterclasses, designed to give college governors a solid understanding of the complex nature of college finances.
These sessions have been created and will be led by Andrew Tyley, a leading expert in further education funding and a Deputy Further Education Commissioner.
All sessions will take place from 4.30-6pm, online
All sessions will include interactive presentations, small discussion groups and Q&A.
College finance for Governors – Thursday 15 April
This session is the first in a series of seven Governance finance masterclasses, designed to give college governors a solid understanding of the complex nature of college finances, support on the questions they should be asking in their board meetings and the tools to understand how and when to raise concerns and offer input.
Interpreting management accounts – Thursday 22 April
This session will delve into interpreting management accounts, what good and poor practice looks like, how to identify key warning signs and links to other sources of evidence.
Cashflow forecasts and loans – Thursday 29 April
This session will discuss why cash matters, how to manage cash pressures, practices to avoid and monitoring reaches of loan covenants.
Financial health grades and FEC benchmarks – Thursday 6 May
This session will look at the ESFA’s financial health indicators, why the FEC benchmarks are different, why financial health scores are important and factors which are likely to damage these grades.
Funding and data – Thursday 13 May
This session will summarise the key sources of funding and discuss their complex nature, look at risk factors and audits, will explore the top line priorities for monitoring and the relationship between funding, quality, and finance.
Curriculum planning – Thursday 20 May
This session will look at what is a curriculum plan and how planning drives efficiency. Delegates will explore good and poor practice, give detail on the outputs which governors should expect as well as the questions governors might reasonably ask of the senior team
Managing pay – Thursday 27 May
This session will discuss why controlling pay costs is critical and the FEC benchmark for this. Delegates will look at factors impacting on high pay costs, staff restructuring and practices to avoid.
AoC Member Colleges: £40 + VAT per session
Affiliate organisations: £60 + VAT per session
Non-Member (College/Public Sector): £70 + VAT per session
Non-Member (Commercial): £85 + VAT per session
We have a new cancellation policy for all online events with no cancellation fee up to a week prior to the event so you can book with peace of mind if your circumstances change.
020 7034 2620
020 7034 9906