What are the areas that can cause revenue leakages in school.
4 Replies
sabyasachi mukherjee
(27579 Points)
Replied 29 November 2019
In a school the following checks has to be there.
1. Compliance as per the relevant Act.
2. Curb revenue leakage
3. Control expenditure.
Here relevant Act means Socities Registration Act.
Here revenue leakage can be from two sources
a) fees of all students collected on time.
b) seperate programmes for students organized.
proper evaluation of estimated and actual revenue be made.
1. Compliance as per the relevant Act.
2. Curb revenue leakage
3. Control expenditure.
Here relevant Act means Socities Registration Act.
Here revenue leakage can be from two sources
a) fees of all students collected on time.
b) seperate programmes for students organized.
proper evaluation of estimated and actual revenue be made.
Kapadia Pravin
(17259 Points)
Replied 29 November 2019
Https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.education.vic.gov.au/Documents/school/principals/finance/Fin%2520Internal%2520Control%2520document%2520v3.2.pdf&ved=2ahUKEwjfoM2Uj4_mAhV28XMBHR6vCoYQFjAMegQIBRAB&usg=AOvVaw392AANdGh4VgyjH42FkN4O&cshid=1575020157413
sabyasachi mukherjee
(27579 Points)
Replied 04 December 2019
This is not a composite and exhaustive link...
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 10 December 2019
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