logo

Office of Pre-Primary Education and Childcare

 

Follow us on FacebookFollow us on Twitteryoutube

Member Login

Members' articles, research, analysis and advice

 

Financial, Accounting, Auditing and Business Operation

Reducing the risk of fraud by staff and parents

money budgetBy Bevin Fitzsimons 
© ChildForum

 

Why internal control? 

  • Internal control systems are normal in business and society and will be expected of you by your staff, fellow owners, parents, board members, bankers and financiers.
  • They help establish a climate of good control which produces reliable financial records, good management and planning, and lead to successful Ministry of Educaiton and annual external audits.
  • They protect your service from the risks and stress of chaos, litigation or closure that can result from major errors or fraud.
  • They give you reliable regular management information.

Internal control systems are best practice systems where the people involved in the entity - the staff, managers, owner, trustees, and directors together agree on, establish and operate systems to achieve the results they desire through:

  • ensuring best practice in all aspects of their work (not just financial),
  • reducing the chances of errors and fraud, and
  • quickly picking up actions that might lead to less than best practice ways of working.

And, best practices required by law are also included, e.g. employment law, etc. 


This information or article is exclusively for our early childhood service members holding a full membership

To keep reading, login with your member's username and password

Here’s how our membership plans work

  • Individual Members can view all the individual member-only articles and our library of Research Journals.
  • Full Early Childhood Service Members (staff and managers) can view everything including individual member articles, ECE research journals, and management and business (Go to the Join Us page for more details) 
  • Research Library subscribers have access only to our online library of Research Journals (this includes all past and current journal issues).

If you are not yet a member you are welcome to apply now by going to the JOIN US page.


Free E-Newsletter

Receive the free Early Childhood Alert.

captcha 

We hate spam as much as you, we will not sell your contact details to anyone.

You can unsubscribe at any time.

Read our Privacy Policy here.

Don’t miss out any longer, click the button below to join ChildForum

Join Us!

child-with-binoculars-small

 

Subscribe now for information you can trust, expert advice and research, as well as access to quality resources

We are confident you will be delighted to discover and experience the benefits of membership - so join now and make this message for non-members disappear from your screen. 

Membership Options

Individual
Member

Who is this for?
Any person who has an interest in early childhood education and care or who works directly with children.

$98.00 12 months from the date of joining
$60.00 6 months student-only

The membership belongs to you, and you only. Enjoy your own personal username and password.

ECE Service Organisation
Member

Who is this for?
Centres, home-based, hospital-based, playgroups ... established or newly licensed. Gives access to professional & research materials enjoyed by individual members PLUS service operation and management area. 

$198.00 12 months for a standalone licensed service
Special rates for organisations with more than 1 licence

The membership belongs to your whole organisation, team members and managers.

Library NZ-International Research
in ECE Journal Subscriber

Who is this for?
Universities, Polytechnics and organisations wishing to have online access to the NZ-Int Research in ECE journal (includes all past and current issues) 

$125.00 annual subscription, renewable in November each year

A username and password for your library users linked to your IP address.