Part 1 - Financial Evaluation
INSURANCES, INVESTMENT POLICIES...
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INSURANCES, INVESTMENT POLICIES...
The school outlines how it plans financially and relates this to the its strategic planning and the school's Purpose and Direction.
Self Ratings: No Rating
Evaluator Ratings: No Rating
Evaluator Response
The school demonstrates a carefully planned approach to investment and aligns the plans with the enrollment growth. The only long-term financial obligation of the school is the lease agreement with the government agency handling land lease where the school is situated. The lease is renewable and currently valid for 14 years with annual payment.
Currently there are no other long-term investment plans as the school is trying to adapt to the post pandemic economy in the world.
The school has various insurances to cover risks such that payment of these insurance premiums amount to a considerable value in the school's financial statements. The head of the board demonstrates efforts and clearly planned actions to enable continuous improvement of the school and smooth running in the long term. He has prepared his children to continue the school, to provide high-quality private education in Bahrain.
The head of the board at APG, Mr. Mohammad Al Aali, demonstrates a keen support for the school and the visiting team members were equally inspired by his idealism towards the school. He continuously strives for the continuity and sustainability of the school such that he has claimed the school to be the beneficiary in his own life insurance.
Commendations : None at this time.
Recommendations : None at this time.