This service is delivered to meet the requirements of the Academies Financial Handbook and is relevant for academies, studio schools and free schools.
We have developed a framework which will help academies to identify a programme of work for the internal audit process that is most appropriate for their circumstances, and their options for identifying and mitigating financial risk.
Using the ASCL Professional Development service provides an independent assessment of the risks, and gives governors/trustees the assurances they need to fulfil their responsibilities as part of the audit process.
We undertake:
- sampling checks in purchasing, procurement, income and payroll
- examine the organisations strategic financial planning processes to ensure budget plans are as robust and reliable as possible
- consider monitoring and reporting procedures to ensure compliance with the requirements of the Academies Financial Handbook
- help to assess the risks and potential solutions where weaknesses are identified
- to provide a written report within seven working days of the visit
To find out more call 0116 2991122,
email us or complete the enquiry form below.