This sector comprises establishments engaged in providing instruction and training in a wide variety of subjects in schools, colleges, universities and training centers. They may be privately or publicly owned and operated, either for profit or not.
Instruction is imparted in diverse settings, such as educational institutions, the workplace or the home. Institutions are required to maintain financial and management reports for the Ministry of Education and are required to map the income and expenditure and meet the financial demands and needs of the institution, staff and students.
Not-for-profits and registered charities address the intricate needs of the organizations and enhance communities. Their financial operations are different from profit-based companies and financial security is found while upholding organizational values. While working closely with Board of Directors, sustainability and integrity of the organization will be protected with proper financial management and the abiding of all regulations.