Following the introduction of a new UK financial reporting framework, all higher education institutions will be required to prepare their financial statements under Financial Reporting Standard 102 for the year ended 31 July 2016. In addition, a new Education SORP has been introduced to give additional and specific guidance for the education sector.
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Latest News & Events
The Academies Show London – 25 April, London
We would like to invite you to join us at the 2018 Academies Show London, taking place on 25 April at ExCeL, London, where we will be exhibiting at stand 217.
Government confirms commitment to National Funding Formula
The new Education Secretary, Justine Greening, has today delivered a Written Statement to Parliament announcing her commitment to introducing fairer funding for schools, high needs and early years.
EFA publish not one, but TWO Academies Accounts Directions 2014 to 2015
The EFA have belatedly published not one, but two Academies Accounts Directions, which are both in place for accounting periods ending 31 August 2015.
Academies Financial Handbook 2017
The AFH contains a summary of the main changes, but we have outlined these in the document below along with our own insight and commentary on what the changes may mean in practice, and the action we recommend that you take to prepare.
Academies Accounts Direction 2016 to 2017
Academies Accounts Direction 2016 to 2017 – Our summary of the key changes trustees and finance staff need to be aware of.
Internal audit for academy schools
Our vast experience in the academy sector has allowed us to establish a complete internal audit package, which is designed to assist your Accounting Officer.