Management Support

The Financial Services team are highly experienced and qualified finance professionals who provide a full range of high quality financial services to maintained schools and academies.

There are a range of services available, giving academies the flexibility to choose only the services required no matter how small. You have the option to "pick and mix" support and advice which meets academies individual needs.

In addition to the packages previously provided to maintained schools, the team can support for statutory functions transferred to academies: such as Internal Audit and the production of the Annual Accounts.

Services Available:

• Annual Statement of Accounts preparation
• Preparation of the Whole of Government Accounts
• VAT advice and completion of returns
• Education Funding Agency (EFA) Returns
• Assistance with the preparation of the Financial Management and Governance Self Assessment (FMGS)
• Asset Register support
• Creation of a Chart of Accounts
• Treasury Management advice, support and banking arrangements.
• Processing Invoices and raising sundry debtor invoices

Internal Control:

• Internal Audit Function
• Set up financial procedures, processes and regulations
• Advice on Governance arrangements

Additional support covering:

• Update on current issues under consideration by the Schools Forum
• Assistance with grant applications
• Provision of training to Head teachers, Governors, Administrators and Bursars, covering all financial aspects of schools
• Bursar Service including administrative support, maintenance of financial system and bank reconciliations.
• Critical Friend service