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Preparing the Budget

Preparing the Budget

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Since most of a school’s income comes from tuition, the development of the next year’s budget begins with preparing the best and hopefully most accurate projection of next year’s enrollment at each age level. In this process, you should show enrollment for the year before, the current year, and the year for which you are […]

Basic Accounting Income Statements

Basic Accounting Income Statements

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An income statement otherwise known as a profit and loss statement is a summary of a company’s profit or loss during any one given period of time, such as a month, three months, or one year. The income statement records all revenues for a business during this given period, as well as the operating expenses […]

Basic Accounting Income Statements

An Example of General Procedures for Bookkeeping

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A. General Objectives 1. To facilitate the conduct of business. 2. To help assure the security of funds. 3. To help maximize the use of funds. B. Procedural Elements 1. Record keeping and check signing functions should be done by different people to as great an extent as possible. a. Primary record keeper: School Secretary […]

The Key Financial Reports That We All Need To Understand

The Key Financial Reports That We All Need To Understand

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Many of us who end up in school administration or serving on a board would not consider financial planning and analysis to be our strongest skill area. Despite this, we are all responsible for keeping close tabs on our schools’ finances and for making decisions about the future based on accurate information, as well as […]

Book Review: Montessori Inclusion

Book Review: Montessori Inclusion

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his new collection of stories and strategies is for teachers and administrators, families, and those in teacher education programs. Montessori guides are trained to “follow the child.” It’s the mantra you learn during your training. But what happens when a child with exceptionalities becomes a part of your classroom? Are you fully prepared to meet […]

Maintaining Teachers’ Enthusiasm: Why Parents Should Help Their Children

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Montessori guides are highly skilled and trained professionals, so why do many parents ask: “Why do they need to attend conferences?” After all, it’s an inconvenience for the parent if the school has to be closed down to allow for travel and participation.  There are several compelling reasons for parents to encourage and support teachers […]

Fun Science Experiments You Can Do With Your Child

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Dr. Ann Epstein, one of the presenters at The Montessori Foundation’s 2017 Annual Conference, demonstrated a variety of science experiments that are sure to pique a young learner’s curiosity while having some great fun at the same time. Most of the items used in these experiments are readily available, don’t take much time to do, […]