Financial information for schools handbook

The Financial Information for Schools Handbook (FISH) has guidance on best practice in financial governance, financial management and reporting.

Protecting your school from fraud

Use our control checklist and segregation matrix to help protect your staff and assets from fraud.

The control checklist identifies weaknesses and areas for improvement.

The segregation matrix breaks down how to fix areas of weakness. For example, by identifying conflicts that need resolving.

Managing finances for equipment

When replacing equipment for your school, you should consider:

• If it is more cost effective to buy or lease.
• If repayments will add up to more than 10 % of your annual operational funding. You must make an application to the Minister of Education before leasing equipment costing this much.

Use our tool and calculator to work out which option is best for your school.

Closing a school

If your school has been closed by the Minister, you must complete a liquidation statement. We recommend using our model liquidation statement as a template.