Citizen Leader Lab is thrilled to partner once again with Deloitte Africa to present the latest instalment of the Financial Management Series designed specifically for school principals and bursars. Following the success of previous sessions, this new session will delve deeper into vital aspects of financial management to enhance school leadership and administration.

The free virtual session is set to take place on Tuesday 3 September, starting at 3pm. Deloitte Africa has developed these modules to tackle the complex financial challenges faced by school principals and bursars.

Three pertinent topics will be addressed during this session:

• Budgeting: A well-structured budget is essential for the financial health of schools. The session will cover how to create a detailed financial plan to track and allocate funds effectively. Participants will also learn the importance of continuously monitoring budgets to ensure actual performance aligns with forecasts.
• Interpreting and Presenting Financial Statements: Accurate financial statements are key to maintaining transparency. The session will guide participants through the preparation and interpretation of financial statements, and how to present these documents clearly to stakeholders.
• Preparing for the Annual General Meeting (AGM) with Parents: The AGM is a significant event for discussing financial performance and future plans. This session will help principals align financial details with the School Governing Body, communicate financial results to parents and outline future goals and expectations.

Dorcas Dube – Londt, Marketing and Communications Manager at Citizen Leader Lab, said: “Budgeting, financial statement analysis and AGM preparation are crucial skills for any school principal and bursar. These competencies not only ensure transparent and strategic management of school finances but also engender trust and encourage engagement with the school community.

Citizen Leader Lab’s ongoing collaboration with Deloitte Africa aligns perfectly with our commitment to developing school leaders holistically. By equipping principals and bursars with these essential skills, we are supporting their growth in all dimensions of leadership and enabling them to lead their schools with greater confidence and clarity.’’

RSVP: https://tinyurl.com/2ped53yf or email melissa@citizenleaderlab.org