Objective+25


 * Objective 25: Review a school's accounting procedures, financial statements, and annual financial audit.**

together and communicate regularly to keep an effective budget. After discussing the financial statements of Abingdon High School it became apparent that a significant amount of money is handled by Ms. Lilly on a daily basis. As an administrator it is important to understand how all of the school's accounts are organized and to review monthly reports to stay on top of the receipts and disbursements and the overall activity that takes place. The annual financial audit can be a stressful time. Ms. Lilly prepares for the audit throughout the year by constantly checking for documentation errors and making the necessary corrections. The audits at Abingdon High School have always gone well and when minor recommendations are made by the auditors Ms. Lilly will incorporate those for the next year. ||
 * Date || Time started || Time ended || Number of hours || Description of activities ||
 * 04/30/12 ||= 12:00 ||= 2:00 ||= 2 || Interviewed Ms. Lilly (Abingdon High School's Fiance Officer) and compiled responses. ||
 * 06/03/12 ||= 4:00 ||= 6:00 ||= 2 || Consolidated information from Ms. Lilly and completed reflections and learning. ||
 * Reflections and learning |||||||| Overseeing accounting procedures at the high school level is a demanding task. The principal and bookkeeper must work closely
 * Reading(s) |||||||| Sorenson, Richard D., & Goldsmith, Lloyd M. (2006). //The Principal's Guide to School Budgeting//. Newbury Park, CA: Corwin. ||