Our summary of the key changes trustees and finance staff need to be aware of.
The Education and Skills Funding Agency (ESFA) have published the new Academies Financial Handbook (AFH) 2018, which is effective from 1 September 2018.
Compliance with the handbook is a condition of each trust’s funding agreement. It is therefore vital that your academy trustees, finance staff and your Accounting Officer are all aware of the forthcoming changes so that they can ensure the trust is fully compliant from the effective date.
We have produced our own summary to help you decipher the changes, using our sector knowledge and experience to add our views on the implications. Download it below: