Yesterday the ESFA released the Academies Financial Handbook which takes effect from 1 September 2017. Please ensure you take a look at this to ensure you are aware of any changes in regulation and ensure it is circulated to Trustees and the Accounting Officer. Key changes are summarised on pages 5 and 6. The emphasis this year really appears to be on strong governance, with the handbook confirming the roles of members and trustees and the importance of addressing any skills gaps on the board.
The document can be found here. If you have any queries, please do not hesitate to contact any member of our education team.