ESFA (Education and Skills Funding Agency) have published a briefing about their assurance work relating to financial management and governance in the academies sector.
There are a number of common themes arising from this in respect of the 2020 to 2021 period.
Although (with regard to the review of academy trust financial statements, academy funding audits, financial management and governance reviews) the number of “late” or “qualified” submissions was relatively low, the nature of these is worthy of review.
To access the ESFA briefing on their assurance work click here.
If you would like to review how to ensure that your academy school or trust is properly meeting ESFA requirements (or indeed, for a basic and more general chat about what I do) please contact me at jack@jackminto.com or on 017514 499238 for a preliminary discussion.