As an academy school you are accountable for the results you achieve and how public funds are used. As part of your Annual Report and Accounts, you are required to prepare a Governance Statement and a statement on regularity, propriety and compliance. These statements are required to be independently audited. It is therefore crucial that you put into place appropriate governance structures, policies and procedures to ensure that there are clear lines of accountability within your organisation.
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Latest News & Events
More than 700 data breaches at schools and academies reported in just the last year
703 data breach incidents at UK academies and other schools were reported to the Information Commissioners Office (ICO) in 2016/17, rising 4% from 674 the previous year*, our research shows.
Schools are particularly at risk of being targeted by fraudsters
Academies Financial Handbook 2018 Update
The Academies Financial Handbook is updated annually by the Education and Skills Funding Agency (ESFA). The latest version of the handbook was issued on 13 June 2018 for all academies for the accounting year commencing 1 September 2018, and can be found here.
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.
Academies Financial Handbook 2019
Academies Financial Handbook 2019 – our summary of the key changes trustees and finance staff need to be aware of.
Academies Accounts Direction 2018 to 2019
Academies Accounts Direction 2018 to 2019 – our summary of the key changes trustees and finance staff need to be aware of.
2019 Academies Benchmarking Report
Our seventh benchmarking report for academies covers over 800 schools across England and Wales. It is developed to summarise the current academy sector trends and to allow you to benchmark the performance of your school against others.