Academies Accounts Direction 2020-21: What has changed?
The Education Skills and Funding Agency (ESFA) produce the Academies Accounts Direction (AAD) annually as a guide of how to produce the statutory accounts and annual report for academies and multi-academy trusts (MATs).
The AAD 2020-21 has now been released and includes the normal tweaks and clarifications, as well as additional disclosure requirements in the trustees' report, governance statement and notes to the accounts.
Our factsheet provides a summary of the key changes. To read more, please click below.