Sentences with phrase «financial oversight»
Financial oversight refers to the act of supervising and managing financial matters. It involves making sure that money is being used properly, decisions are financially sound, and risks are being mitigated. It helps ensure transparency, accountability, and the responsible handling of finances. Full definition
The government said financial oversight of academies was «more robust than in council - run schools».
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• Provide financial oversight and comprehensive review of military pay transactions, special pay incentives, allowances and debt collection.
In this case, you are asking your board to help you with issues like financial oversight and governance.
I shared the document with several industry executives who have financial oversight responsibilities.
And charter schools — though technically public schools — are exempt from typical financial oversight.
The Panel for Educational Policy, a 13 - person body that votes on billions of dollars in school spending, is under - trained in financial oversight and pressured to do whatever de Blasio asks, members say.
The debt - restructuring petition was filed by Puerto Rico's financial oversight board in the U.S. District Court in Puerto Rico under Title III of last year's U.S. congressional rescue law known as PROMESA.
The report's recommendations aim to improve financial oversight of Arizona's charter schools and ensure that dollars are more likely to end up in the classroom.
The Auditor General, in her Observations on the financial statements, stated that «having accrual - based budgeting results in improved financial oversight as the plans and related results are on the same basis of accounting and therefore result in better transparency and accounting.
It has published two policy reports in the past 6 months on charter school financial practices and net losses; findings from both reports indicated the urgent need for greater financial oversight of how charter schools manage taxpayer dollars.
«The state's failure to create an effective financial oversight system is obvious, as Louisiana charter -LSB-...] Read More»
The rule, which grew out of the 2010 Dodd - Frank financial oversight law, was intended to promote transparency so citizens in some of the world's most impoverished countries can hold their governments accountable for the wealth generated through mining and drilling.
Last week the House passed the FHA Emergency Fiscal Solvency Act of 2012, which strengthens FHA's financial solvency; allows FHA to collect losses from lenders who made material errors in underwriting or committed fraud; and strengthens financial oversight and disclosure.
The Asian economic giant set up the Financial Stability and Development Committee in November for better financial oversight.
The contentious campaign included strident criticism of Strough for failing to inform the public and other board members of a state audit citing inadequate financial oversight on town contracts.
The heads of federal financial oversight agencies testified on on the implementation of the 2010 Dodd - Frank financial regulations law, focusing on derivatives.
Cuomo's reluctance to let go of the AG's office was made clear in 2011 when he moved to create an uber - financial oversight agency — the Financial Services Department — and installed his longtime top aide Ben Lawsky at its head.
MissionPoint empowers a select group of families, foundations and institutions to achieve social change at scale while preserving rigorous financial oversight, with an extensive history of investing in and launching new impact - driven ventures.
The new rules that are expected to be followed next year exempt the provision in the 2010 Dodd - Frank financial oversight law.
The case of Durand Academy had also provoked an outcry over poor financial oversight at government level.
Its multiple failings, from inadequate financial oversight to ruthless centralisation, complicity in torture, and vainglorious wars, are piling up against it.
In August, a state financial oversight panel in Albany was presented with an update from Zemsky's agency about SolarCity's timetable and work.
Be given greater financial oversight power by the Arizona Legislature to put charters on probation and, if necessary, revoke charters from schools unable to meet financial improvement plans.
The Governance Academy helps schools develop legally - compliant governing board policies and procedures, and establish clear roles and responsibilities, including financial oversight and student performance.
Morales (pictured) told Schools Week at the association's annual conference in Birmingham this week that he was «battling» to get more managers to leave their local roles, particularly in primary schools, and fill a need for strong financial oversight across multiple schools.
Handles financial oversight and accountability over business agreements and Federal / State wage and benefit requirements
Forecasted budgets pertinent to a multitude of departments needing financial oversight and recourse dependent upon different resources, labor, and margins dictated by supervisors.
The California Charter School Association (CCSA) is calling «simply inaccurate» a report released yesterday that said state charter schools require more financial oversight.
The two most common financial oversights entrepreneurs make are underestimating how many of their everyday expenses are being subsidized by their business — medical and life insurance premiums, club memberships, vehicles, travel and entertainment costs, etc. — and overestimating the amount of after - tax investment income that can be generated from the proceeds of the sale.
Dodd recast financial oversight to ensure that no one agency would be able to act alone without others monitoring or checking.
For all practical purposes, he alone combines the institutional authority and the political clout to ensure a local financial oversight process actually does some lasting good.
Singas spokesman Brendan Brosh said «it is nonsensical to suggest that a DA in a county plagued by corrupt government should not use her position to press for stronger and more transparent financial oversight.
This can result in weak financial oversight.
As authorizers are charged with doing sound financial oversight, it's critical that we know what questions to ask.
Without adequate oversight, important objectives such as the sharing of best practices, meaningful financial oversight, and ensuring that charter schools are open, accessible, and able to serve all students simply can not be accomplished.
Perry Beeches The Academy Trust — which runs five schools in Birmingham — has been issued with a financial notice to improve after an investigation revealed a string of «significant» financial oversight failures.
This scenario can easily occur at a private school in North Carolina if we are to allow financial oversight standards to be weak.
So, I think it's important to be transparent and accountable, even when those terms are over-used when talking about financial oversight.
ExED offers client schools a valuable Financial Oversight Toolkit which shares our collective wisdom regarding financial oversight best practices, and includes primers on such topics as school roles and responsibilities, fraud and mismanagement, and 50 Smart Questions about financial management.
The authorizer plays a vital role in charter school financial oversight, as it is the only entity charged with looking at the entire picture of the charter school — it's financial, organizational, and academic operations — and verifying that the school is meeting all of its federal obligations.
«If what you're saying is entirely accurate,» Curtis said about the financial concerns presented by the Trinity Christian case, «we will look at tightening financial oversight.
She provides key financial oversight to Carbon Tracker's operations.