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We understand the expected requirements and inherent risks that schools and academies are exposed to. Our assurance services are designed to provide support and guidance that resources are managed effectively, ensuring that risks are adequately managed.
Please contact us to discuss how we can implement this service with a process suited to you.
The Academy Trust Handbook states all academy trusts must have a programme of internal scrutiny to provide independent assurance to the board that its financial and non-financial controls and risk management procedures are operating effectively.
Schools’ Choice offers a wide range of internal scrutiny options that cover both financial and non-financial controls, along with some transactional testing. These include:
When you choose to work with us, we’re there every step of the way, supporting you with designing your programme of internal scrutiny works, delivering the programme and then providing summary reports and action plans along with consolidated reporting at the end of the academic year.
We understand the expectations and requirements that local authorities have of schools and how managing these can be a daunting task. We, therefore, offer a range of assurance services to LA maintained schools designed to reassure your governors and directors that your internal controls and financial governance are robust.
Our services are designed to identify any areas of risk and recommend the best practices to comply with statutory regulations and reporting deadlines, providing your school with an action plan for improvement following our visit.
Ensuring that senior staff and the governing body have sufficient, up to date financial skills to fulfil their statutory responsibilities of budget management and financial stewardship of the school.
Working with locally maintained schools to have an independent review of internal controls and processes. This helps to ensure that the school is using its resources as efficiently as possible and highlights areas where further improvements could be made. This will help your governors fulfil their statutory obligations for sound financial governance.