Academies Financial Handbook 2020 We summarise the important changes that will take effect from September 2020: The ESFA have provided updates to guidance surrounding general controls and transparency. This includes making it a must requirement for academy trusts to maintain a fixed asset register. The trust must continue to deliver internal scrutiny in [...]
Academies Accounts Direction 2019-2020 We look at the key changes in this year’s Academies Accounts Direction, drawing attention to the most impactful adjustments: For accounting periods commencing on or after 1 April 2019, academy trusts that are considered large and meet two or more of the following criteria must provide additional disclosures in the [...]
Hard line taken by the EFA On the 25th of February it was confirmed that the Durham Free School is set to close. The School has been beset with problems since an Ofsted inspection in January revealed weak leadership and a culture of bullying. Initially opened in September 2013, Durham [...]
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