Academies newsletter: Autumn 2021

Welcome to the Autumn edition of our Academies Newsletter

We are at the start of the third year of unprecedented challenges to education from COVID-19. Financial systems have, in the main, shown their resilience and effectiveness throughout the period.

One constant is change in ESFA regulation for academy trusts, as they re-issue their financial guidance to academies annually. This year, there’s been a proliferation of guidance documents, so our newsletter picks out the changes most likely to affect the financial statements that you’ll approve this autumn, as well as the key new governance and financial rules.

At Carpenter Box, we’re delighted to have joined PrimeGlobal this year – a national and international association of independent accounting firms, which includes a group of experienced and proactive academy auditors. We’re grateful to our PrimeGlobal colleagues from Larking Gowen and Thomas Westcott for their newsletter contributions.

If you have any questions on any of the topics raised, please feel free to get in touch with a member of our Academies team on 01903 234094.