Timetable for School Accounts
The timescale below is a guide to support boards of management in achieving compliance with the February 28th deadline for submission of accounts to the FSSU.
The suggested deadlines below should be seen as the latest dates at each stage of the process. The timescale below allows a maximum of six months following the end of the school year to complete the submission of annual accounts to the FSSU.
The patron/trustee may have additional requirements around the preparation and finalisation of annual accounts. Where this the case, please adhere to these requirements.
A copy of the approved annual accounts should be forwarded to the patron/trustee annually.
| Annual Accounts Preparation Stages | Deadline Date |
| The school supplies all necessary financial information to the external school accountant/auditor for the school year ending on the previous August 31st |
September 30th |
|
The draft annual accounts are returned by the external school accountant/auditor |
November 30th |
| Once the school Board of Management is satisfied that these accounts are an accurate reflection of the school’s financial situation, they are formally ratified by the board and signed by the chairperson and one other board member.
(Note: For Voluntary Secondary Schools the Principal as secretary of the board of management, is not a member of the board of management and therefore cannot sign the accounts.) |
December 31st |
| External school accountants/auditors are required to access a secure online cloud based system and to input the school trial balance and to upload a pdf copy of the approved annual accounts. |
February 28th |