Supporting schools to remain compliant at all times
Phase: Nursery/Primary/Secondary/Special/PRU/PVIGovernance: Maintained/Academy/MAT/Federation/IndependentLocality: NationalContract type: Annual contract
Reduce the risk of financial irregularities with our expert internal audit service.
It’s never been more important to be confident that your internal financial and governance processes are compliant and well controlled. We’ve seen the Education and Skills Funding Agency scrutinise schools and academies much more closely in recent years, following several allegations of financial irregularities.
Governors must satisfy themselves that their school is implementing and following the right controls and processes. We can help you to achieve this at your school, academy or trust with a programme of internal review that can be tailored to meet your particular needs.
Our review programme includes:
Annual or termly financial health checks
Checks around governance, including the appropriateness of financial information
A review of your procedures.
Our team of experts have many years’ experience of helping schools and academies optimise their financial and operational processes, and we understand your requirements and the pressures that you face.
All audit work can be carried out remotely to minimise interruption to the school day.
Visit our buying portal to learn more or to purchase
Phase: Nursery/Primary/Secondary/Special/PRUGovernance: Academy/MATLocality: NationalContract type: Annual contract
Let us take away the stresses of ensuring that your statutory returns are done to the ESFA in a timely and accurate manner to ensure that you are compliant with all deadlines.
AAR, ESFA Budget return, VAT returns, BFR and BFRO, these products can be bought in full or individually. We can also complete your Statutory accounts and submit them to the ESFA.
Purchase this package with our Audit Closedown pack to be applicable for a discount. Multi-year fixed prices are also applicable.
The Academy Trust handbook 2021 states that schools now need to compile monthly management accounts.
In the current financially challenging environment, timely accurate and relevant management information becomes increasingly important, both in managing your school and in reporting to Governing bodies. This gives you on or off-site production of management accounts and reports in a format suitable for your senior team, Trustees and Governors on a monthly or termly basis. Produced on a full accruals basis following your policies and procedures, as well as our month end guide and checklist, this includes KPIs, ratios, variance analysis, graphs, and reports on your current and future financial position.
Phase: Nursery/Primary/Secondary/Special/PRUGovernance: MAT/AcademyLocality: NationalContract type: Annual contract
An experienced, qualified accountant will prepare a pack that will allow for the accurate and timely production of your final accounts.
As part of this service, you will receive a pack that contains:
Consolidated Trial Balance
Fixed Asset Register
Review of in-year Capital spend
Debtors and Creditors
Reconciliation of Payroll, VAT and Bank
Income Reconciliation
Payroll Expenditure Reconciliation
Detailed Income & Expenditure report showing movements between unrestricted and restricted funds
In addition, your allocated accountant will be available to attend any pre-audit and post-audit meetings as required. They will also be available to answer any audit questions during your external audit. Purchase this package with the ESFA returns pack or the Statutory Accounts Production pack to be eligible for a discount.