Financial Support Services Unit (FSSU) – Roll out & Operation
- Published: 14 September 2017
Main Role of FSSU:
- Provide advice and support to schools on financial governance primarily online and via phone support
- Development of financial templates for use by schools internally for monitoring monthly income, expenditure, budget management, cash flow etc. The use of this template is optional and schools may continue to use IPPN’s Airgead Bunscoile or any accounting practice currently in place
- Production of a standardised national template for the submission of annual accounts to the FSSU (prepared by an external accountant/auditor) to meet the legislative requirement of schools to make their accounts available to the Minister for inspection. This requirement is in addition to any specific requirements of the Patron in relation to the submission of annual accounts. Submission of annual school accounts to the FSSU in the correct format and by the relevant deadline will also satisfy the financial reporting obligations placed on schools by the Charities Act 2009. This practice will be mandatory for the school year 2018/2019
- Additionally, the 2018/2019 school year will see the implementation of a standardised national approach for the provision of summary financial information to parents
