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.
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