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All news by: Ann Mathias

INTERNAL SCRUTINY FOR ACADEMIES

Are you aware of the changes to the UK's auditing and Ethical standards and how it will affect academies? 

Academies Accounts Return 2019/20

Following the external audit and approval of the financial statements, the next important deadline on the academy’s ‘to do lists’ are the academies accounts returns (AR).

The ESFA have published the Academy Accounts Direction for 19/20

The Academies Accounts Direction (AAD) 19/20 has been published by the ESFA, you can view the direction here. Also issued is the carbon reporting. This applies to large academy trusts. Please click here to access the guidance.

The ESFA have published the Academy Accounts Direction for 19/20

The Academies Accounts Direction (AAD) 19/20 has been published by the ESFA, you can view the direction here. Also issued is the carbon reporting. This applies to large academy trusts. Please click here to access the guidance.

Pensions Costs

The recently announced proposed increase in Teachers’ Pensions Scheme (TPS) employer contributions from 1 September 2019, has shocked the academy sector. Treasury indications predict a rise to 23.6% - an increase of over 40%. Most schools were expecting a 2% to 3%. 

Pensions Costs

The recently announced proposed increase in Teachers’ Pensions Scheme (TPS) employer contributions from 1 September 2019, has shocked the academy sector. Treasury indications predict a rise to 23.6% - an increase of over 40%. Most schools were expecting a 2% to 3%.  

Pensions Costs

The recently announced proposed increase in Teachers’ Pensions Scheme (TPS) employer contributions from 1 September 2019, has shocked the academy sector. Treasury indications predict a rise to 23.6% - an increase of over 40%. Most schools were expecting a 2% to 3%.  

New Academies Financial Handbook 2018

The new handbook came into effect on 1 September 2018.  Although similar to the 2017 handbook, certain key items have been headlined at the front of the 2018 handbook as the “top ten musts” for chairs and trustees. These “musts” focus on three core functions of governance:  

New Academies Financial Handbook 2018

The new handbook came into effect on 1 September 2018.  Although similar to the 2017 handbook, certain key items have been headlined at the front of the 2018 handbook as the “top ten musts” for chairs and trustees. These “musts” focus on three core functions of governance:

New Academies Financial Handbook 2018

The new handbook came into effect on 1 September 2018.  Although similar to the 2017 handbook, certain key items have been headlined at the front of the 2018 handbook as the “top ten musts” for chairs and trustees. These “musts” focus on three core functions of governance:  

GDPR: How will it impact schools and academies?

It is now nine months to go until GDPR legislation comes into place. After a long four years of debating, during April 2016 the General Data Protection Regulation (GDPR) was ratified by the European Union and comes into place on the 25th May 2018.

GDPR: How will it impact schools and academies?

It is now nine months to go until GDPR legislation comes into place. After a long four years of debating, during April 2016 the General Data Protection Regulation (GDPR) was ratified by the European Union and comes into place on the 25th May 2018.