Our blog on the latest issues affecting the Academy schools sector
Hot topics from The Academies Show 2018
May 3, 2018
Last week UHY had our usual stand at The Academies Show at ExCeL in London. This was an excellent opportunity for us to engage directly with a wide range of people within the academy sector, talk to them and find out about the current ‘hot’ topics.
The Budget Forecast Return Outturn (BFRO) is now available for use
April 20, 2018
The online form for the academies BFRO has now been made available by the Education & Skills Funding Agency.
House of Commons committee addresses risks following review of academy schools’ finances
April 4, 2018
On 26 March, the House of Commons’ Public Accounts Committee published a report into their review of academy accounts. They identified a number of potential risks faced by academies
End of Year Certification – key dates
March 23, 2018
End of Year Certification (EOYC) begins in March, and we would like to remind you of some of the key dates;
2017 DfE academy survey
March 9, 2018
Last year a DfE survey asked a representative sample of 326 multi-academy trusts (MATs) and 542 Single Academy Trusts (SATs) to complete a survey that examined the reasons for conversion amongst their schools, use of their autonomy, collaboration, trust management and achieving financial efficiencies.
How should trust boards set CEO salaries?
March 5, 2018
It’s been over a month now since all academies reported their results to the ESFA via the Annual Accounts Returns and so we are well into the season of scrutinising academy trusts’ accounts and, as ever, the hot topics are related-party transactions and executive pay.
How can your academy school cut costs?
February 27, 2018
In the second of our two-part blog series, the first of which focused on how academies can generate additional income, we now look at cost-cutting. One of the biggest costs within an academy is that of staff costs, and seems to be one of the first areas under review when carrying out a cost cutting exercise.
Yet another reporting requirement for large multi-academy trusts
February 22, 2018
An important deadline looms for larger multi-academy trusts due to legislation requiring certain large companies to publish half-yearly reports on their payment practices, policies and performance.
How can your academy school generate additional income?
February 22, 2018
Increasing revenue doesn’t always mean working harder or increasing costs, sometimes this just means looking at your existing assets and making them work to create more income for you.