ICFP and FBIT: Acronym hell or useful analysis tools?
Practical Strategies for Smarter School Finance
Seminar Brief
ICFP (Integrated Curriculum and Financial Planning) and FBIT (Financial Benchmarking and Insights Tool) offer valuable insights for smarter financial decision-making. This practical session will demonstrate how four key ICFP metrics can highlight potential savings and how FBIT can enhance budgeting and strategy through detailed analysis and benchmarking. Bring your laptop or tablet and learn how to access, interpret and apply these tools effectively.
IN THIS SEMINAR WE EXPLORE
Four essential ICFP metrics that provide broad oversight and the opportunity for a quick win.
How to access and interpret FBIT data for meaningful insights.
Using benchmarking to compare school finances and drive better decision-making.
Practical applications for integrating financial analysis into school strategy.
TAKE-HOME POINTS
Understanding 4 key ICFP metrics, hands-on experience with FBIT, and practical ways to apply financial benchmarking in your school.
THIS SESSION IS FOR SCHOOL BUSINESS LEADERS WHO
Want to move beyond financial guesswork and use data-driven insights to improve budgeting, efficiency and resource allocation.
Stephen Peach
About the speaker:
Stephen is assistant headteacher and business manager at Dacorum Education Support Centre (4 times ‘Outstanding’) in Hertfordshire. His latest ‘second job’ is as an SRMA. He is enthusiastic about improving life chances and raising aspirations. Previous second jobs included teaching evening classes and SEND adults, tutoring and completing an MBA. His day jobs involved teaching and coordinating all key stages and he loves the role of SBM because it brings together all his experience.