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Mastering Financial Procedures For SMES

Mastering Financial Procedures For SMES

Mastering Financial Procedures for Schools is a comprehensive self-paced course designed to empower school leaders, administrators, and finance staff with the core skills to manage school finances with accuracy, transparency, and accountability.

Drawing on the Liebermann Academy Financial Manual, the course simplifies complex procedures using real-life scenarios, interactive assignments, quizzes, and ready-to-use templates.

100,000 USh
100000.0 UGX 100,000 USh
100,000 USh
Responsible nexteduhub
Last Update 08/12/2025
Completion Time 8 hours 55 minutes
Members 1
  • Introduction
    1Lessons · 30 min
  • Module 1: Introduction to Financial Management for SMEs
    4Lessons · 50 min
    • Introduction
    • Importance of Devolved Financial Management
    • Roles of SMC, Finance Committee, Administrator, CEOs
    • Structure of the Finance Team
  • Module 2: Budgeting & Financial Planning
    4Lessons · 1 hr 10 min
    • Introduction
    • Building a Termly Budget Linked to the SIP
    • Budget Monitoring Tools
    • Budget Adjustments and Virement Procedures
  • Module 3: Financial Control Systems
    5Lessons · 1 hr
    • Introduction
    • Understanding Internal Controls
    • Internal Audit Requirements
    • Use of Accounting Software (e.g., SIMS)
    • Record Retention and Access Control
  • Module 4: Procurement & Expenditure Management
    5Lessons · 50 min
    • Introduction
    • Understanding Procurement in Schools
    • Approval Workflow for Expenditures
    • Procurement Thresholds
    • Competitive Tendering & Value for Money
  • Module 5: Income Management & Revenue Generation
    4Lessons · 45 min
    • Introduction
    • Mobile Money and Bank-based Income Receipts
    • Weekly and Termly Income Reporting
    • Letting Out School Premises
  • Module 6: Asset Management and Inventory
    4Lessons · 35 min
    • Introduction
    • Asset Register Essentials
    • Annual Physical Checks
    • Disposing of Obsolete Equipment
  • Module 7: Banking & Petty Cash Management
    4Lessons · 1 hr
    • Introduction
    • Cheque Signing & Limits
    • Petty Cash Float and Reimbursement Process
    • Cash Flow Forecasting & Bank Reconciliation
  • Module 8: Data Security & Insurance
    4Lessons · 50 min
    • Introduction
    • Daily Backup Procedures
    • Risk Exposure and Claims Process
    • School Vehicle & Equipment Insurance
  • Module 9: Reporting & Accountability
    4Lessons · 45 min
    • Introduction
    • Monthly, Termly, and Annual Financial Reports
    • Key Components of Financial Reports
    • Reporting Schedule & Compliance
  • Module 10: Ethics & Integrity in Financial Management
    4Lessons · 40 min
    • Introduction
    • Conflicts of interest
    • Declaration of Interests by SMC Members
    • No Personal Gain Policy
  • Certification
    1Lessons ·
    • Certification Quiz