The Department of Education offers the members of school Boards of Management an indemnity against personal liability for their actions as board members. This indemnity is, however, dependent upon adherence to the Constitution of Boards and Rules of Procedures 2011.
One of the requirements of this document is that school accounts should be certified annually. It is, therefore, in the interests of individual board members to ensure that accounts are certified by an external accountant annually.
Board members work in a voluntary and unpaid capacity for the betterment of their community. It would be foolish to expose such individuals to personal financial risk by ignoring basic procedures. At Upper Third, we offer a cost-effective and efficient method of ensuring compliance with at least one section of those procedures. Give us a ring now on 086 8370141and make sure your school has a certified set of accounts!
One of the requirements of this document is that school accounts should be certified annually. It is, therefore, in the interests of individual board members to ensure that accounts are certified by an external accountant annually.
Board members work in a voluntary and unpaid capacity for the betterment of their community. It would be foolish to expose such individuals to personal financial risk by ignoring basic procedures. At Upper Third, we offer a cost-effective and efficient method of ensuring compliance with at least one section of those procedures. Give us a ring now on 086 8370141and make sure your school has a certified set of accounts!
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