Our blog on the latest issues affecting the Academy schools sector
Tips for academies in the immediate post-audit period
January 12, 2018
The statutory audit process is over for another year but are there any action points to take forward to 2018? In this blog we outline some tips for academies.
No rest for academies as accounts return deadline looms
January 5, 2018
The academy sector hasn't had long to rest after two big deadlines passed in December 2017, as the New Year brings with it the accounts return deadline on 19 January 2018 which has been brought forward despite complications with the online submission last year.
Increased scrutiny for academies over executive pay
December 20, 2017
A new requirement included in the Academies Financial Handbook 2017 suggests that executive pay within academies is set to be open to increased scrutiny, with some needing to provide evidence of a robust salary setting process.
Accounting officers reminded of their accountability
December 13, 2017
The ESFA has issued a letter to accounting officers within academy trusts, emphasising their accountability for robust financial management and ensuring high standards of governance.
Greater freedom and authority for schools?
December 6, 2017
The School Standards Minister has given a speech claiming that teachers now have more freedom to pursue the teaching methods they deem to be most effective.
The Local Government Pension Scheme – common questions and answers
December 4, 2017
For academy schools the value of the liability reported within their financial statements runs into the hundreds of thousands, if not millions of pounds in the majority of cases.
How did the 2017 Autumn Budget impact on the education sector?
November 23, 2017
Anyone involved in the education sector would have tuned in to Chancellor Philip Hammond's 2017 Autumn Budget yesterday in hope of some financial relief - so what was announced?
Is your academy trust quality risk assured?
November 8, 2017
It is that time of year when audit committees and boards of trustees are meeting to consider the year-end financial statements and audit findings...
MAT Development and Improvement Fund
October 26, 2017
The Department for Education (DfE) has launched a new £53 million investment fund to help support the strongest academy trusts – particularly those focused on raising attainment for disadvantaged pupils – to take on and improve underperforming schools.