The Financial Survey for Schools (FSS) Reports help identify and quantify your school’s financial risks, strengths and weaknesses — crucial for strategic planning and budgeting.
There are some exciting improvements to the reports this year, but no material changes because feedback from participants is to leave it as is. However I do enjoy continually improving the reports as I learn more about school financial sustainability from my research.
Please log into the Somerset Portal and then:
- Select a sample of similar schools
- Generate your reports.
To date over 500 schools have logged in to populate the survey. So if you haven’t yet completed it we encourage you to do so as soon as possible.
Don’t forget you can enter/change data and re-generate reports at any time until April 2022.
We sincerely thank schools for participating in the survey, which is the largest of its type in Australia and New Zealand, and trust that the reports help individual school and sector financial sustainability.
For more information about the FSS or our budgeting and reporting tools, please do not hesitate to contact us via email or call on 1300 781 968.
Kindest regards
John Somerset is a Chartered Accountant. He has extensive knowledge of the independent school sector and is past President of Independent Schools Queensland and a past board member of the Independent Schools Australia.
UPCOMING EVENT:
More details—with registration link—to follow:
Somerset Education Breakfast Summit Series—Webinar, Wednesday, 29 September 2021 (7am-9am).