Last reviewed on 11 October 2018
School types: All · School phases: All
Ref: 41571

If you're writing or reviewing your finance policy, get advice on how to write one as well as inspiration from examples of these policies from other academies.

How to write a finance policy

Use statutory guidance to structure your policy


Treat the document as a whole-business manual

You should look at the policy as more than just a financial document.

Use the policy to cover areas such as:

  • Your school's decision-making structure, outlining the roles of different responsible groups
  • Business ethics
  • Financial planning and administration
  • Ordering and purchasing
  • Payroll
  • Insurance and risk management
  • School security
  • Asset management

You could also include your policies on:

Consult with stakeholders

It's good practice to consult with stakeholders when writing or reviewing your policy.

Finance staff Budget