Under the Local Management of Schools funding arrangements, the Education Authority is required to pass on the calculated share of each funding stream budget directly to its schools, maximising the delivery of available resources to the classroom.
The Education Authority has in place the Integrated Financial System (IFS) to help EA and schools manage their finances. Guidance and support materials are available here to assist users of the system.
The Internal Audit Section of the EA website has been developed to provide you with information on important matters concerning your school. This information is relevant to School Principals and Governors.
Undertaking a stocktake will increase the spending power of your school in the first year in which you count your stock and will ensure that you are not charged for those items of stock which have not been fully used up.